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Ask a question about: Bargaining
Respond to the question: Backward solution of never ending games?

03/08/2003 03:39 AM by name withheld; how to "backward" solve neverending games
look at rubinstein model (where the problem is solved finding a sorto of stationary solution)
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10/01/2002 02:35 PM by Pelagia; Backward solution of never ending games
Please anyone give me some clue how can one solve a never ending game backwards. We are talking about collective bargaining here. You have two players that split the proft whcih decreases with 20% every week. The profit decay function is asymptotic to the x axis. I need to solve this game backwards!!! But where do I start? [Manage messages]