• DocumentCode
    2218782
  • Title

    Bargaining Game and Equilibrium between Incubator Intermediaries and the Incubatees

  • Author

    Song, Ningning ; Su, Yongming

  • Author_Institution
    Sch. of Bus., East China Univ. of Sci. & Technol., Shanghai, China
  • Volume
    1
  • fYear
    2010
  • fDate
    26-28 Nov. 2010
  • Firstpage
    438
  • Lastpage
    441
  • Abstract
    When incubators choose intermediaries for the incubatees to serve them, there have to be binding contracts or commitments between the intermediaries and the incubatees. This paper makes a use of bargaining game, a non-cooperative game, to get the contracts done. Meanwhile, the cooperative game solution which is proved to be the only sub-game perfect Nash equilibrium is obtained. Two players get the balance of interests gradually through the bargaining process. The solution of the game represents the interest distribution between them, and has laid a good foundation for the smooth formation of a binding contract or commitment, conducive to the future co-operation of both sides. We can see how factors determine the interest distribution between the incubator intermediaries and incubates.
  • Keywords
    commerce; game theory; Nash equilibrium; bargaining game; binding contract; cooperative game; incubator intermediary; bargaining game; benefit equilibrium; incubator intermediaries;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management, Innovation Management and Industrial Engineering (ICIII), 2010 International Conference on
  • Conference_Location
    Kunming
  • Print_ISBN
    978-1-4244-8829-2
  • Type

    conf

  • DOI
    10.1109/ICIII.2010.112
  • Filename
    5694441