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Acronymfinder

What does NBS stand for?

NBS stands for Nash Bargaining Solution


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Samples in periodicals archive:

Question: "The Nash bargaining solution is a startlingly original theorem because the conclusion, that bargaining will maximize the product of utility differences, seems to be so different from the nature of the axioms about the independence of irrelevant alternatives, or that people maximize expected utility.
The Bargaining Problem and the Nash Bargaining Solution (1950) Many strategic situations require explicit cooperation.