Game-Theoretic Models of Bargaining - Softcover

Roth

Softcover

ISBN 10: 0521022746 ISBN 13: 9780521022743

Verlag: Cambridge University Press, 2008

Inhaltsangabe

Game-Theoretic Models of Bargaining provides a comprehensive picture of the new developments in bargaining theory. It especially shows the way the use of axiomatic models has been complemented by the new results derived from strategic models.

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Reseña del editor:

Game-Theoretic Models of Bargaining provides a comprehensive picture of the new developments in bargaining theory. It especially shows the way the use of axiomatic models has been complemented by the new results derived from strategic models. The papers in this volume are edited versions of those given at a conference on Game Theoretic Models of Bargaining held at the University of Pittsburgh. There are two distinct reasons why the study of bargaining is of fundamental importance in economics. The first is that many aspects of economic activity are directly influenced by bargaining between and among individuals, firms, and nations. The second is that bargaining occupies an important place in economic theory, since the 'pure bargaining problem' is at the opposite pole of economic phenomena from the case of 'perfect competition'. This volume is an outgrowth of the renewed interest in the strategic approach to the theory of bargaining and to the general theory of non-cooperative games.

Product Description:

GAME-THEORETIC MODELS OF BARGAINING PROVIDES A COMPREHENSIVE PICTURE OF THE NEW DEVELOPMENTS IN BARGAINING THEORY. IT ESPECIALLY SHOWS THE WAY THE USE OF AXIOMATIC MODELS HAS BEEN COMPLEMENTED BY THE NEW RESULTS DERIVED FROM STRATEGIC MODELS. THE PAPERS IN THIS VOLUME ARE EDITED VERSIONS OF THOSE GIVEN AT A CONFERENCE ON GAME THEORETIC MODELS OF BARGAINING HELD AT THE UNIVERSITY OF PITTSBURGH. THERE ARE TWO DISTINCT REASONS WHY THE STUDY OF BARGAINING IS OF FUNDAMENTAL IMPORTANCE IN ECONOMICS. THE FIRST IS THAT MANY ASPECTS OF ECONOMIC ACTIVITY ARE DIRECTLY INFLUENCED BY BARGAINING BETWEEN AND AMONG INDIVIDUALS, FIRMS, AND NATIONS. THE SECOND IS THAT BARGAINING OCCUPIES AN IMPORTANT PLACE IN ECONOMIC THEORY, SINCE THE ŽPURE BARGAINING PROBLEMŽ IS AT THE OPPOSITE POLE OF ECONOMIC PHENOMENA FROM THE CASE OF ŽPERFECT COMPETITIONŽ. THIS VOLUME IS AN OUTGROWTH OF THE RENEWED INTEREST IN THE STRATEGIC APPROACH TO THE THEORY OF BARGAINING AND TO THE GENERAL THEORY OF NON-COOPERATIVE GAMES.

Über diese Auflage

• Verlag: Cambridge University Press
• Erscheinungsdatum: 2008
• ISBN 10: 0521022746
• ISBN 13: 9780521022743
• Einband: Tapa blanda
• Anzahl der Seiten: 404