A bargaining approach to the Harsanyi value
This paper presents a bargaining approach to extend the Harsanyi value for non-transferable utility (NTU) games under restrictions on coalition formation. It characterizes the Harsanyi solution through axiomatic foundations subgame perfect equilibrium in a non-cooperative bargaining protocols, including scenarios with external options and pre-agreements that may have different binding degree. The result offers a further understanding of how constrained coalition behaviors and outside options influence the distribution of payoffs, providing insights relevant for cooperative bargaining and game theory with complete information.
Keywords: Harsanyi NTU value nontransferable utility game subgame perfect equilibrium bargaining