Skip to main content

Research Repository

Advanced Search

The Nash solution and relevant expansions

Anbarci, N.

Authors



Abstract

In this paper we propose a new axiom, Relevant Balanced Expansion Monotonicity (RBEM), to replace Nash's original Independence of Irrelevant Alternatives (IIA) axiom. Using the RBEM axiom and the other three original axioms suggested by Nash we provide a characterization of the Nash Solution.

Citation

Anbarci, N. (1991). The Nash solution and relevant expansions. Economics Letters, 36(2), 137-140. https://doi.org/10.1016/0165-1765%2891%2990178-n

Journal Article Type Article
Publication Date 1991-06
Deposit Date Aug 17, 2018
Journal Economics Letters
Print ISSN 0165-1765
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 36
Issue 2
Pages 137-140
DOI https://doi.org/10.1016/0165-1765%2891%2990178-n
Public URL https://durham-repository.worktribe.com/output/1322566