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Exploring the intersection of ethics and mathematical bargaining theory, this work critiques the Nash bargaining solution's foundations, revealing its divergence from real-life scenarios. It examines three major justifications for the Nash solution and demonstrates how adjusting these premises leads to a utilitarian approach. By providing a mathematical model of bargaining applicable to real-world situations, the book appeals to game theorists, moral philosophers, and anyone involved in cooperative endeavors, all without requiring prior knowledge in the fields.
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The Mathematics of Justice, Michael Brand
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- Released
- 2010
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- (Paperback)
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