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
Link To Document :
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