For bidders in standard sealed bid auctions, I believe that decision theory dominates game theory. Even in the design of auctions, decision theory competes well with game theory. This paper explains why I have reached these conclusions. [ABSTRACT FROM AUTHOR]
AXIOMATIC set theory, SET theory, GAME theory, PROBLEM solving, CURVES, PAPER, COLLECTIVE bargaining, MATHEMATICS
Abstract
We prove that the status quo sets induced by the Raiffa Solution to the two-person Bargaining Problem are curves, except when the bargaining domain is rectangular. This property is used in a separate paper by Livne [3] in the axiomatization of the Raiffa Solution. [ABSTRACT FROM AUTHOR]