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The inequality in society and a multipoint extension of nash bargaining problem

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F21%3A%230000827" target="_blank" >RIV/04274644:_____/21:#0000827 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.scientific-publications.net/get/1000049/1632910509459282.pdf" target="_blank" >https://www.scientific-publications.net/get/1000049/1632910509459282.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    The inequality in society and a multipoint extension of nash bargaining problem

  • Original language description

    We use the microeconomic model of supply and demand of financial resources and investment opportunities, in which each contract can be interpreted as a specific Nash bargaining problem, where payoffs are expressed as income from the use of investment opportunities. We identify and describe the phenomenon of investing in a social position. A player investing in a social position can achieve a payoff distribution that is an alternative to the game associated with solving the Nash bargaining problem. Subsequently, we consider games in which players can react to the choice of alternative, providing as a multipoint extension of the Nash bargaining problem. These reactions lead to numerous non-trivial tasks that we describe and interpret in terms of real problems associated with the distribution of social wealth. We analyze games of positional investments with retaliation, games of positional investment with repetition, and games associated with reforms that allow players to expand the area of potential investment opportunities.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>ost</sub> - Miscellaneous article in a specialist periodical

  • CEP classification

  • OECD FORD branch

    50200 - Economics and Business

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2021

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Economy & Business

  • ISSN

    1314-7242

  • e-ISSN

  • Volume of the periodical

    2021

  • Issue of the periodical within the volume

    15

  • Country of publishing house

    BG - BULGARIA

  • Number of pages

    12

  • Pages from-to

    221-232

  • UT code for WoS article

  • EID of the result in the Scopus database