Bilateral Bargaining

Bilateral Bargaining PDF Author: Stefan Napel
Publisher: Springer Science & Business Media
ISBN: 9783540433354
Category : Business & Economics
Languages : en
Pages : 204

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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.

Bilateral Bargaining

Bilateral Bargaining PDF Author: Stefan Napel
Publisher: Springer Science & Business Media
ISBN: 9783540433354
Category : Business & Economics
Languages : en
Pages : 204

Get Book Here

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.

Complex Automated Negotiations: Theories, Models, and Software Competitions

Complex Automated Negotiations: Theories, Models, and Software Competitions PDF Author: Takayuki Ito
Publisher: Springer
ISBN: 364230737X
Category : Technology & Engineering
Languages : en
Pages : 239

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Book Description
Complex Automated Negotiations are a widely studied, emerging area in the field of Autonomous Agents and Multi-Agent Systems. In general, automated negotiations can be complex, since there are a lot of factors that characterize such negotiations. For this book, we solicited papers on all aspects of such complex automated negotiations, which are studied in the field of Autonomous Agents and Multi-Agent Systems. This book includes two parts, which are Part I: Agent-based Complex Automated Negotiations and Part II: Automated Negotiation Agents Competition. Each chapter in Part I is an extended version of ACAN 2011 papers after peer reviews by three PC members. Part II includes ANAC 2011 (The Second Automated Negotiating Agents Competition), in which automated agents who have different negotiation strategies and implemented by different developers are automatically negotiate in the several negotiation domains. ANAC is an international competition in which automated negotiation strategies, submitted by a number of universities and research institutes across the world, are evaluated in a tournament style. The purpose of the competition is to steer the research in the area of bilateral multi-issue, closed negotiation. This book includes rules, results, agents and domains descriptions for ANAC2011 submitted by organizers and finalists.

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.

A comparison of auctions and multilateral negotiations

A comparison of auctions and multilateral negotiations PDF Author:
Publisher: DIANE Publishing
ISBN: 1428958363
Category :
Languages : en
Pages : 42

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Book Description


Game Theory Bargaining and Auction Strategies

Game Theory Bargaining and Auction Strategies PDF Author: Gregor Berz
Publisher: Springer
ISBN: 1137475420
Category : Business & Economics
Languages : en
Pages : 202

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Book Description
This text bridges the gulf between theoretical economic principles of negotiation and auction theory and their multifaceted applications in actual practice. It is intended to be a supplement to the already existing literature, as a comprehensive collection of reports detailing experiences and results of very different negotiations and auctions.

International Trade

International Trade PDF Author: Luis Rivera-Batiz
Publisher: OUP Oxford
ISBN: 9780198297116
Category : Business & Economics
Languages : en
Pages : 734

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Book Description
This title offers an integrated account of strategic trade analysis, combined with empirical evidence and new results. It addresses the need to synthesize and integrate the new advances in a field that has become a key element of policy discussions.

Bargaining, Mergers, and Technology Choice in Bilaterally Oligopolistic Industries

Bargaining, Mergers, and Technology Choice in Bilaterally Oligopolistic Industries PDF Author: Roman Inderst
Publisher:
ISBN:
Category : Appropriate technology
Languages : en
Pages : 48

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Book Description


Negotiation, Auctions, and Market Engineering

Negotiation, Auctions, and Market Engineering PDF Author: Henner Gimpel
Publisher: Springer Science & Business Media
ISBN: 3540775544
Category : Computers
Languages : en
Pages : 242

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Book Description
This book contains a selection of papers presented at the International Seminar "Negotiation and Market Engineering", held at Dagstuhl Castle, Germany, in November 2006. The 17 revised full papers presented were carefully selected and reviewed. The papers deal with the complexity of negotiations, auctions, and markets as economic, social, and IT systems. The authors give a broad overview on the major issues to be addressed and the methodologies used to approach them.

When Unions Merge

When Unions Merge PDF Author: Gary N. Chaison
Publisher: Lexington, Mass. ; Toronto : Lexington Books
ISBN: 9780669110814
Category : Business & Economics
Languages : en
Pages : 676

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Book Description


A World Trading System for the Twenty-First Century

A World Trading System for the Twenty-First Century PDF Author: Robert W. Staiger
Publisher: MIT Press
ISBN: 0262371308
Category : Business & Economics
Languages : en
Pages : 353

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Book Description
When designing a world trading system for the twenty-first century, “Keep calm and carry on” beats “Move fast and break things.” Global trade is in trouble. Climate change, digital trade, offshoring, the rise of emerging markets led by China: Can the World Trade Organization (WTO), built for trade in the twentieth century, meet the challenges of the twenty-first? The answer is yes, Robert Staiger tells us, arguing that adapting the WTO to the changed economic environment would serve the world better than a radical reset. Governed by the WTO, on the principles of the General Agreement on Tariffs and Trade (GATT), global trade rules traditionally focus on “shallow integration”—with an emphasis on reducing tariffs and trade impediments at the border—rather than “deep integration,” or direct negotiations over behind-the-border measures. Staiger charts the economic environment that gave rise to the former approach, explains when and why it worked, and surveys the changing landscape for global trade. In his analysis, the terms-of-trade theory of trade agreements provides a compelling framework for understanding the success of GATT in the twentieth century. And according to this understanding, Staiger concludes, the logic of GATT's design transcends many, if not all, of the current challenges faced by the WTO. With its penetrating view of the evolving global economic environment, A World Trading System for the Twenty-First Century shows us a global trading system in need of reform, and Staiger makes a persuasive case for using the architecture of the GATT/WTO as a basis for that reform.