Article |
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Article name |
Combined Arbitration Procedure with Quadratic Payoff Function |
Authors |
Mencher A.E. Candidate of Physics and Mathematics, Professor, MentcherAE@zabspu.ru. |
Bibliographic description |
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Section |
Scientific Research |
UDK |
519.7 |
DOI |
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Article type |
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Annotation |
We consider a non-cooperative zero-sum game. The players, the Labor and the Manager,
negotiate an improvement in the wage rate. In a conflict situation the players appeal to the
arbitrator. The arbitrator’s solution is a discrete random variable. In this paper we use two
arbitration schemes with quadratic payoff function. A mixed strategy Nash equilibrium in this
game is found.
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Key words |
arbitraton procedure, equilibrium, mixed strategies |
Article information |
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References |
1. Farber H. An Analysis of Final-Offer Arbitration // Journal of Nonflict Resolution.
1980. Vol. 35. P. 683–705.
2. Zeng Dao-Zhi. An Amendment to Final offer Arbitratoin // Working Paper,
Kagawa:Kagawa University, 2006.
3. Mazalov V. V., Mencher A. E., Tokareva J. S. On the Equilibrium in Bargaining Model
with Arbitrator// Journal of Computer and Systems Science International, 2009. Vol. 48. №5.
P. 739–745.
4. Mencher A. E. Ob odnoy arbirtrazhnoy skheme s tremya predlozheniyami //
Matematichesky analiz i ego prilozheniya. 2011. Vyp. 10. S. 34–40. |
Full article | Combined Arbitration Procedure with Quadratic Payoff Function |