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Game-Theoretic Models of Bargaining

Name: Game-Theoretic Models of Bargaining
Brand: Cambridge University Press
SKU: 02018324
Price: 69.47 EUR
Availability: InStock
Author: Alvin E. Roth
ISBN: 9780521022743

Alvin E. Roth

Language

English

Book Paperback

Libristo code: 02018324

Publishers Cambridge University Press, November 2005

Game-Theoretic Models of Bargaining provides a comprehensive picture of the new developments in barg... Full description

Libristo code: 02018324

169 b

69.47 €

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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.