Economics, Econometrics and Finance
8 years ago

New energy tariff solution boosts international cooperation and economic growth!

Elsevier eBooks
THE NASH SOLUTION: THEORETICAL PRINCIPLES AND APPLICATION TO INTERCHANGE OF ENERGY BETWEEN TWO COUNTRIES
J.J. Mosconi

Paper Summary

Related papers

Theme background image
Social Sciences
8 years ago

Wage Bargaining Breakthrough: Firms and Unions Empowered to Negotiate Fairer Deals

Labor Relations
2 views
Economics, Econometrics and Finance
4 years ago

New Bargaining Solutions Could Revolutionize Workplace Equity for Unequal Skills

Monetary Models
Market Dynamics
Mechanism Design
3 views
Economics, Econometrics and Finance
6 years ago

Bargaining power shifts as group size fluctuates, reshaping economic outcomes.

Trade Impact
Market Dynamics
Labor Relations
3 views

The article presents a way to solve energy tariff issues between countries. By using the Nash bargaining solution, optimal prices and quantities for energy exchanges can be determined. The Nash solution is based on a bargaining process where prices converge to an optimal level depending on the quantity agreed upon. This method helps countries reach fair agreements on energy exchanges with their neighbors.