The Economics of Bargaining

The Economics of Bargaining PDF Author: K. G. Binmore
Publisher: Wiley-Blackwell
ISBN: 9780631168898
Category : Business & Economics
Languages : en
Pages : 260

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Book Description

The Economics of Bargaining

The Economics of Bargaining PDF Author: K. G. Binmore
Publisher: Wiley-Blackwell
ISBN: 9780631168898
Category : Business & Economics
Languages : en
Pages : 260

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Book Description


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

Bargaining PDF Author: Emin Karagözoğlu
Publisher: Springer Nature
ISBN: 3030766667
Category : Business & Economics
Languages : en
Pages : 486

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Book Description
This Edited Collection provides a rigorous and rich overview of current bargaining research in economics and related disciplines, as well as a discussion of future directions. The Editors create cross-disciplinary and cross-methodological synergies by bringing together bargaining researchers from various fields, including game theory, experimental economics, political economy, autonomous negotiations, artificial intelligence, environmental economics and behavioral operations management; as well as using various methods, including the strategic approach, axiomatic approach, empirical research, lab and field experiments, machine learning and decision support systems. Offering insights into the theoretical foundations of bargaining research, traditional applications to bargaining research and topics of growing importance due to new advances in technology and the changing political and physical landscape of the world, this book is a key tool for anyone working on or interested in bargaining.

Bargaining and Markets

Bargaining and Markets PDF Author: Martin J. Osborne
Publisher: San Diego ; Toronto : Academic Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses two recent developments in this theory. The first uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly. The second applies the theory of bargaining to the study of decentralized markets. Rather than surveying the field, the authors present a select number of models, each of which illustrates a key point. In addition, they give detailed proofs throughout the book.

Negotiating the World Economy

Negotiating the World Economy PDF Author: John S. Odell
Publisher: Cornell University Press
ISBN: 1501732056
Category : Political Science
Languages : en
Pages : 272

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Book Description
It is often said economics has become as important as security in international relations, yet we work with much less than full understanding of what goes on when government negotiators bargain over trade, finance, and the rules of international economic organizations. The process of economic negotiation shapes the world political economy, John S. Odell says, and this essential process can be understood and practiced better than it is now.His absorbing book compares ten major economic negotiations since 1944 that have involved the United States. Odell gives the inside stories, targeting the strategies used by the negotiators, and explaining strategy choice as well as why the same strategy gains more in some situations and less in others. He identifies three broad factors—changing market conditions, negotiator beliefs, and domestic politics—as key influences on strategies and outcomes. The author develops an insightful mid-range theory premised on bounded rationality, setting it apart from the most common form of rational choice as well as from views that reject rationality. Negotiating the World Economy reveals a rich set of future research paths, and closes with guidelines for improving negotiation performance today. The main ideas are relevant for any country and for all who may be affected by economic bargaining.

The Economics of Collective Bargaining

The Economics of Collective Bargaining PDF Author: Charles Craypo
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 298

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Book Description


Household and Economy

Household and Economy PDF Author: Marc Nerlove
Publisher: Academic Press
ISBN: 1483274683
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
Household and Economy: Welfare Economics of Endogenous Fertility deals with welfare economics and the socially optimal population size, as well as the social consequences of individual choice with respect to family size within each generation. The general equilibrium implications of endogenous fertility for a number of issues of population policy are discussed. In addition to their own consumption, the number of children and the utility of each child is assumed to enter the utility function of the parents. Comprised of 10 chapters, this volume begins with a review of social welfare criteria for optimal population size and the static theory of optimal population size, optimal population growth with exogenous fertility, and the theory of endogenous fertility. The reader is then introduced to the basic principles of welfare economics and the economics of externalities, followed by a summary of the traditional theory of household behavior. Subsequent chapters focus on optimal population size according to various social welfare criteria; real and potential externalities generated by the endogeneity of fertility; and the principal alternative reason for having children: to transfer resources from the present to support the future consumption of parents in old age. The book concludes by assessing the implications of endogenous fertility for within-generation income distribution policies and reflecting on the directions in which future research may be fruitful. This monograph will be of value to economists, social scientists, students of welfare economics, and those who wish to understand the contribution of economic analysis to an improved understanding of population policy.

The Economics of Bargaining

The Economics of Bargaining PDF Author:
Publisher:
ISBN:
Category :
Languages : de
Pages :

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Book Description


Axiomatic Models of Bargaining

Axiomatic Models of Bargaining PDF Author: A.E. Roth
Publisher: Springer Science & Business Media
ISBN: 3642515703
Category : Business & Economics
Languages : en
Pages : 129

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Book Description
The problem to be considered here is the one faced by bargainers who must reach a consensus--i.e., a unanimous decision. Specifically, we will be consid ering n-person games in which there is a set of feasible alternatives, any one of which can be the outcome of bargaining if it is agreed to by all the bargainers. In the event that no unanimous agreement is reached, some pre-specified disagree ment outcome will be the result. Thus, in games of this type, each player has a veto over any alternative other than the disagreement outcome. There are several reasons for studying games of this type. First, many negotiating situations, particularly those involving only two bargainers (i.e., when n = 2), are conducted under essentially these rules. Also, bargaining games of this type often occur as components of more complex processes. In addi tion, the simplicity of bargaining games makes them an excellent vehicle for studying the effect of any assumptions which are made in their analysis. The effect of many of the assumptions which are made in the analysis of more complex cooperative games can more easily be discerned in studying bargaining games. The various models of bargaining considered here will be studied axioma- cally. That is, each model will be studied by specifying a set of properties which serve to characterize it uniquely.

Game-Theoretic Models of Bargaining

Game-Theoretic Models of Bargaining PDF Author: Alvin E. Roth
Publisher: Cambridge University Press
ISBN: 0521267579
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
This book provides a comprehensive picture of the new developments in bargaining theory.