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What does NBS stand for?

NBS stands for Nash Bargaining Solution

This definition appears frequently and is found in the following Acronym Finder categories:

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We have 193 other meanings of NBS in our Acronym Attic

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.