Bargaining in a Long-term Relationship and the Rubinstein Solution

Bargaining in a Long-term Relationship and the Rubinstein Solution PDF Author: Frank Stähler
Publisher:
ISBN:
Category : Game theory
Languages : en
Pages : 32

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Book Description

Bargaining in a Long-term Relationship and the Rubinstein Solution

Bargaining in a Long-term Relationship and the Rubinstein Solution PDF Author: Frank Stähler
Publisher:
ISBN:
Category : Game theory
Languages : en
Pages : 32

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Book Description


Game Theory: Breakthroughs in Research and Practice

Game Theory: Breakthroughs in Research and Practice PDF Author: Management Association, Information Resources
Publisher: IGI Global
ISBN: 1522525955
Category : Mathematics
Languages : en
Pages : 515

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Book Description
Developments in the use of game theory have impacted multiple fields and created opportunities for new applications. With the ubiquity of these developments, there is an increase in the overall utilization of this approach. Game Theory: Breakthroughs in Research and Practice contains a compendium of the latest academic material on the usage, strategies, and applications for implementing game theory across a variety of industries and fields. Including innovative studies on economics, military strategy, and political science, this multi-volume book is an ideal source for professionals, practitioners, graduate students, academics, and researchers interested in the applications of game theory.

Bargaining Theory with Applications

Bargaining Theory with Applications PDF Author: Abhinay Muthoo
Publisher: Cambridge University Press
ISBN: 9780521576475
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
Graduate textbook presenting abstract models of bargaining in a unified framework with detailed applications involving economic, political and social situations.

Bargaining in the Shadow of the Market

Bargaining in the Shadow of the Market PDF Author: Kalyan Chatterjee
Publisher: World Scientific
ISBN: 9814447579
Category : Language Arts & Disciplines
Languages : en
Pages : 229

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Book Description
Bargaining in the Shadow of the Market OCo Selected Papers on Bilateral and Multilateral Bargaining consists of selected research in bargaining carried out by Kalyan Chatterjee by himself and with various co-authors. Chatterjee has been one of the earliest researchers to work on noncooperative bargaining theory and has contributed to bilateral bargaining with parties having private information as well as multilateral coalition formation models. Some of his work in each of these areas finds place here.The main theme of this collection of papers is the nature of negotiations when participants have alternatives to continue negotiating, either by beginning negotiations with a different partner or set of partners or by engaging in time-consuming search for such partners. Chapters in this book include: a noncooperative theory of coalitional bargaining and features a laboratory experiment relevant to this theory as well as an extension to political negotiations, search for alternative partners, the effect of markets and bargaining on incentives of players to invest in the partnership and related papers on incentive compatibility, arbitration and a dynamic model of negotiation. The book also includes a new introduction that puts these papers in the context of the broader literature in the field.

Game Theory Applications in Network Design

Game Theory Applications in Network Design PDF Author: Kim, Sungwook
Publisher: IGI Global
ISBN: 1466660511
Category : Computers
Languages : en
Pages : 522

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Book Description
The use of game theoretic techniques is playing an increasingly important role in the network design domain. Understanding the background, concepts, and principles in using game theory approaches is necessary for engineers in network design. Game Theory Applications in Network Design provides the basic idea of game theory and the fundamental understanding of game theoretic interactions among network entities. The material in this book also covers recent advances and open issues, offering game theoretic solutions for specific network design issues. This publication will benefit students, educators, research strategists, scientists, researchers, and engineers in the field of network design.

Advances in Negotiation Theory

Advances in Negotiation Theory PDF Author: Carlo Carraro
Publisher: World Bank Publications
ISBN: 5061610121
Category : Bargaining
Languages : en
Pages : 55

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Book Description
Abstract: Bargaining is ubiquitous in real life. It is a major dimension of political and business activities. It appears at the international level, when governments negotiate on matters ranging from economic issues (such as the removal of trade barriers), to global security (such as fighting against terrorism) to environmental and related issues (such as climate change control). What factors determine the outcomes of such negotiations? What strategies can help reach an agreement? How should the parties involved divide the gains from cooperation? With whom will one make alliances? The authors address these questions by focusing on a noncooperative approach to negotiations, which is particularly relevant for the study of international negotiations. By reviewing noncooperative bargaining theory, noncooperative coalition theory, and the theory of fair division, they try to identify the connections among these different facets of the same problem in an attempt to facilitate progress toward a unified framework.

Bargaining In The Shadow Of The Market: Selected Papers On Bilateral And Multilateral Bargaining

Bargaining In The Shadow Of The Market: Selected Papers On Bilateral And Multilateral Bargaining PDF Author: Kalyan Chatterjee
Publisher: World Scientific
ISBN: 9814447587
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
Bargaining in the Shadow of the Market — Selected Papers on Bilateral and Multilateral Bargaining consists of selected research in bargaining carried out by Kalyan Chatterjee by himself and with various co-authors. Chatterjee has been one of the earliest researchers to work on noncooperative bargaining theory and has contributed to bilateral bargaining with parties having private information as well as multilateral coalition formation models. Some of his work in each of these areas finds place here.The main theme of this collection of papers is the nature of negotiations when participants have alternatives to continue negotiating, either by beginning negotiations with a different partner or set of partners or by engaging in time-consuming search for such partners. Chapters in this book include: a noncooperative theory of coalitional bargaining and features a laboratory experiment relevant to this theory as well as an extension to political negotiations, search for alternative partners, the effect of markets and bargaining on incentives of players to invest in the partnership and related papers on incentive compatibility, arbitration and a dynamic model of negotiation. The book also includes a new introduction that puts these papers in the context of the broader literature in the field.

Bilateral Bargaining

Bilateral Bargaining PDF Author: Stefan Napel
Publisher: Springer Science & Business Media
ISBN: 3642561608
Category : Business & Economics
Languages : en
Pages : 193

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Book Description
This book investigates bargaining between two agents. Its objective is to present, to extend, and to apply the present state of theoretical knowledge. A wide range of questions will be considered: First of all, will two parties reach efficient agreements? Traditional economic theory gives a generally affirma tive answer for perfectly rational agents, who can carry out complex calcu lations instantaneously and without cost. The book uses innovative methods to analyse the implications of less demanding assumptions. A practical ques tion related to bargaining is: How much power does the design of institutions such as the U. N. Security Council give to each of its members? Formally, non permanent members' votes are necessary to pass resolutions, but theoretical investigation of pre-voting negotiation attributes all power to the five perma nent members. Or one may ask whether a society should rather finance the education in higher mathematics for a talented person than remedial training for a retarded person? Different concepts of justice yield different answers. Which particular concept is implemented in a given society is also a matter of bargaining, and it is of special philosophical interest to investigate which bargain will be struck in an ideal society in which individual talents and resources are not yet known. Very generally, a bilateral bargaining situation is characterized by two agents - individuals, firms, governments, etc.

Negotiations and Change

Negotiations and Change PDF Author: Thomas A. Kochan
Publisher: Cornell University Press
ISBN: 1501731688
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
Major changes within and between organizations are now generally negotiated by the parties that have a stake in the consequences of the changes. This was not always so. In 1965, with A Behavioral Theory of Labor Negotiations, Richard Walton and Robert McKersie laid the analytical foundation for much of the innovation in the practice of negotiation that has occurred over the last thirty-nine years. Since that time, however, the field has undergone significant changes, and Walton and McKersie's ideas have been applied to a wide variety of situations beyond labor negotiations. Negotiations and Change represents the next generation of thinking. Experts on negotiations, management, and organizational behavior take stock of what has been learned since 1965. They extend and apply the concepts of Walton and McKersie and of other leaders in the study of negotiations to a broad range of business, professional, and personal concerns: workplace teams, conflict management systems, corporate governance, and environmental disputes. While building on those foundations, the essays demonstrate the continued robustness and relevance of Walton and McKersie's behavioral theory by suggesting ways it could be used to improve the management of change. Returning to its roots, the volume concludes with a retrospective by Richard Walton and Robert McKersie.

Labor Markets and Employment Relationships

Labor Markets and Employment Relationships PDF Author: Joyce Jacobsen
Publisher: John Wiley & Sons
ISBN: 1405142308
Category : Business & Economics
Languages : en
Pages : 586

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Book Description
This innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis