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
—