alt Hacker NewsIn reality people never have equal power over anything (what would that look like, physically?) so something like nash bargaining is an attempt to get closer to a notion of fair given this inequality
In reality people never have equal power over anything (what would that look like, physically?) so something like nash bargaining is an attempt to get closer to a notion of fair given this inequality
I don't think the difficulty of equal power is a good excuse to pretend power doesn't exist.
One way we solve it in the real world is that the negotiators also have power - including, possibly, the power to force the party most OK with the status quo to come to the negotiating table, and reject exploitative proposals.
That isn't foolproof either, of course. But it beats rhetoric trying to convince the weaker party to submit.