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Two-Person Bargaining Experiments with Incomplete Information (Lecture Notes in Economics and Mathematical Systems) (Lecture Notes in Economics and Mathematical Systems, 412, Band 412) - Softcover

Kuon, Bettina

 
9783540579205: Two-Person Bargaining Experiments with Incomplete Information (Lecture Notes in Economics and Mathematical Systems) (Lecture Notes in Economics and Mathematical Systems, 412, Band 412)

Inhaltsangabe

This book takes three different approaches to the two-person bargaining problem with incomplete information: The game theoretic analysis, the study of the spontaneous behavior of subjects in a game playing experiment, and the investigation of strategies programmed by highly experienced subjects in a strategy experiment. The two different experimental approaches allow to study the bargaining behavior which emerges spontaneously in interactive plays of two subjects, and moreover the instructions experienced subjects give to a representative. The three approaches together provide a vivid picture of theoretical and experimentally observed behavior in the two-person bargaining problem. The synopsis of these different approaches is a novelty in the analysis of boundedly rational behavior.

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