Project SherlockEst. Knowledge

Paper

1950

The Bargaining Problem

John F. Nash

Derives a unique solution to two-person bargaining from a small set of axioms -- symmetry, efficiency and independence of irrelevant alternatives -- rather than from any specific negotiating procedure.

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FreeAdvancedlink checked 17 Sept 2026

Read these first

Not a difficulty warning — a route. These are in the library too.

Theory of Games and Economic BehaviorJohn von Neumann & Oskar Morgenstern, 1944Founds game theory as a mathematical discipline, formalising expected-utility under risk and solving two-person zero-sum games with the minimax theorem before extending the framework to coalitional n-person games.

Filed under Game Theory & Mechanism Design in Economics.