Application of the Nash Bargaining Model to a Problem of Efficient Resources Use and Cost-Benefit Allocation
Dinar, Ariel
1989

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Abstract

This paper presents an application of the Nash model to a combined problem of optimal use of a common facility and the related cost-benefit allocation considerations. Two alternative modifications and a diagrammatically procedure are developed. The conditions for an optimal Nash solution are derived. The Procedure is applied to a case where cooperation between farms can be considered.

Details

Title Application of the Nash Bargaining Model to a Problem of Efficient Resources Use and Cost-Benefit Allocation
Author(s) Dinar, Ariel
Subject(s)
Issue Date Jul 30 1989
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.270685
Record Identifier https://ageconsearch.umn.edu/record/270685
Language English
Total Pages 18
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1989 Annual Meeting, July 30-August 2, Baton Rouge, Louisiana

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