bargaining solution

USAGE SUMMARY

The phrase "bargaining solution" is correct and usable in written English.
It can be used in contexts related to negotiation, conflict resolution, or game theory where a solution is reached through bargaining. Example: "The researchers proposed a bargaining solution that would satisfy both parties involved in the dispute."

✓ Grammatically correct

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Nash bargaining solution.

EURASIP Journal on Wireless Communications and Networking

Raiffa-Kalai-Smorodinsky bargaining solution.

EURASIP Journal on Wireless Communications and Networking

These are modelled by the generalized Nash bargaining solution.

SERIEs

The most popular approaches are the Nash bargaining solution (NBS) and the Kalai-Smorodinsky bargaining solution (KSBS) [6, 23].

EURASIP Journal on Wireless Communications and Networking

Finally, we generalize our main result by allowing an asymmetric Nash bargaining solution.

International Journal of Production Economics

Binmore (2005) has recently advanced a version of social contract theory that relies on the Nash bargaining solution, as does Muldoon (2009) while Moehler (2010) relies on a "stabilized" Nash bargaining solution.

SEP

The plurality of bargaining solution concepts that are discussed in bargaining theory is a bad omen in this regard.

SEP

In this study, we use the main concept of Nash bargaining solution (NBS) to allocate RUs.

EURASIP Journal on Wireless Communications and Networking

Such criteria are the so-called fairness axioms, these characterizing the Nash Bargaining Solution.

EURASIP Journal on Wireless Communications and Networking

Then, the Nash bargaining solution can be obtained using Equation 19 and the optimal α.

EURASIP Journal on Wireless Communications and Networking

In addition, our proposed algorithm can achieve very near performance compared with the Nash bargaining solution.

EURASIP Journal on Wireless Communications and Networking

Expert writing Tips

Best practice

When discussing game theory or economics, use "bargaining solution" to refer specifically to a solution concept that arises from cooperative game theory, particularly in the context of Nash's axioms.

Common error

Avoid using "bargaining solution" to describe outcomes in non-cooperative games where Nash equilibrium is more appropriate. The central concept of the theory of non-cooperative games is the Nash equilibrium, which has nothing to do with Nash's "bargaining solution".

Linguistic Context

The phrase "bargaining solution" functions as a noun phrase that refers to an agreement or outcome reached through negotiation or bargaining between two or more parties. It is commonly used in contexts involving conflict resolution, game theory, and economics, as supported by Ludwig.

Expression frequency: Very common

Frequent in

Science

100%

Less common in

News & Media

0%

Formal & Business

0%

Encyclopedias

0%

Ludwig's WRAP-UP

The phrase "bargaining solution" is a noun phrase commonly used in academic and scientific contexts, particularly in fields like game theory, economics, and conflict resolution. Ludwig AI confirms that it is grammatically correct and widely used. It refers to an agreement reached through negotiation, often aiming for a fair and optimal outcome. While primarily found in formal and scientific texts, it is important to distinguish its usage from Nash equilibrium, which applies to non-cooperative games. Alternatives include "negotiated agreement" or "mutually acceptable outcome". The most common application of the phrase can be found in science.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

negotiated agreement

Replaces the technical term with a more general description of the outcome.

settlement terms

Focuses on the conditions agreed upon in a settlement.

mutually acceptable outcome

Highlights the shared benefit and acceptance of the result.

compromise reached

Emphasizes the act of compromising to achieve a resolution.

resolution strategy

Shifts the focus to the method used to resolve a conflict or negotiation.

point of agreement

Highlights a specific aspect where parties concur.

negotiation resolution

Combines the act of negotiation with the attainment of a resolution.

optimal allocation

Emphasizes the efficient distribution of resources achieved through bargaining.

fair settlement

Highlights the perceived fairness of the settlement.

collaborative resolution

Emphasizes the joint effort involved in reaching a solution.

FAQs

How is "bargaining solution" used in game theory?

In game theory, a "bargaining solution" is a concept from cooperative game theory that predicts the outcome of a bargaining situation, assuming players act rationally. The Nash "bargaining solution" is a specific instance of this, based on certain fairness axioms.

What's the difference between a "bargaining solution" and a Nash equilibrium?

A "bargaining solution" applies to cooperative games where players can make binding agreements, while a Nash equilibrium applies to non-cooperative games where players act independently. The Nash "bargaining solution" aims for fairness and efficiency, while Nash equilibrium focuses on stability of strategies.

What are some alternatives to "bargaining solution"?

Depending on the context, you could use "negotiated agreement", "mutually acceptable outcome", or "compromise reached" as alternatives to "bargaining solution".

When is it appropriate to use the term "bargaining solution"?

Use "bargaining solution" when discussing scenarios where parties negotiate to reach a mutually beneficial agreement, especially in fields like economics, game theory, and political science. It's most fitting when the context involves cooperative game theory.