Axiomatic Theory of Bargaining with a Variable Number of Agents

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Publisher : Cambridge University Press
ISBN 13 : 0521343836
Total Pages : 224 pages
Book Rating : 4.5/5 (213 download)

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Book Synopsis Axiomatic Theory of Bargaining with a Variable Number of Agents by : William Thomson

Download or read book Axiomatic Theory of Bargaining with a Variable Number of Agents written by William Thomson and published by Cambridge University Press. This book was released on 1989-02-24 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Professor Thomson and Professor Lensberg extrapolate upon the Nash (1950) treatment of the bargaining problem to consider the situation where the number of bargainers may vary. The authors formulate axioms to specify how solutions should respond to such changes, and provide new characterizations of all the major solutions as well as generalizations of these solutions. The book also contains several other comparative studies of solutions in the context of a variable number of agents. Much of the theory of bargaining can be rewritten within this context. The pre-eminence of the three solutions at the core of the classical theory is confirmed. These are the solutions introducted by Nash (1950) and two solutions axiomatized in the 1970s (Kalai-Smorodinsky and egalitarian solutions).

Axiomatic Bargaining Game Theory

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9401580227
Total Pages : 244 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Axiomatic Bargaining Game Theory by : H.J. Peters

Download or read book Axiomatic Bargaining Game Theory written by H.J. Peters and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a bargaining game, and a prescription assigning an alternative to each bargaining game is called a bargaining solution. In the cooperative game-theoretical approach, bargaining solutions are mathematically characterized by desirable properties, usually called axioms. In the noncooperative approach, solutions are derived as equilibria of strategic models describing an underlying bargaining procedure. Axiomatic Bargaining Game Theory provides the reader with an up-to-date survey of cooperative, axiomatic models of bargaining, starting with Nash's seminal paper, The Bargaining Problem. It presents an overview of the main results in this area during the past four decades. Axiomatic Bargaining Game Theory provides a chapter on noncooperative models of bargaining, in particular on those models leading to bargaining solutions that also result from the axiomatic approach. The main existing axiomatizations of solutions for coalitional bargaining games are included, as well as an auxiliary chapter on the relevant demands from utility theory.

Population Issues in Social Choice Theory, Welfare Economics, and Ethics

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Publisher : Cambridge University Press
ISBN 13 : 9780521825511
Total Pages : 392 pages
Book Rating : 4.8/5 (255 download)

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Book Synopsis Population Issues in Social Choice Theory, Welfare Economics, and Ethics by : Charles Blackorby

Download or read book Population Issues in Social Choice Theory, Welfare Economics, and Ethics written by Charles Blackorby and published by Cambridge University Press. This book was released on 2005-08-22 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how different ideas of the common good may be compared, contrasted and ranked.

Principles of Automated Negotiation

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Publisher : Cambridge University Press
ISBN 13 : 1107002540
Total Pages : 293 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Principles of Automated Negotiation by : Shaheen Fatima

Download or read book Principles of Automated Negotiation written by Shaheen Fatima and published by Cambridge University Press. This book was released on 2015 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Top researchers investigate the main challenges and state of the art in automated negotiation and discuss potential applications.

Bargaining Theory

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Publisher : Cambridge University Press
ISBN 13 : 1108604471
Total Pages : 109 pages
Book Rating : 4.1/5 (86 download)

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Book Synopsis Bargaining Theory by : Peter Vanderschraaf

Download or read book Bargaining Theory written by Peter Vanderschraaf and published by Cambridge University Press. This book was released on 2023-03-31 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nash bargaining problem provides a framework for analyzing problems where parties have imperfectly aligned interests. This Element reviews the parts of bargaining theory most important in philosophical applications, and to social contract theory in particular. It discusses rational choice analyses of bargaining problems that focus on axiomatic analysis, according to which a solution of a given bargaining problem satisfies certain formal criteria, and strategic bargaining, according to which a solution results from the moves of ideally rational and knowledgeable claimants. Next, it discusses the conventionalist analyses of bargaining problems that focus on how members of a society can settle into bargaining conventions via learning and focal points. In the concluding section this Element discusses how philosophers use bargaining theory to analyze the social contract.

Handbook of Game Theory with Economic Applications

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Publisher : Elsevier
ISBN 13 : 9780444894274
Total Pages : 824 pages
Book Rating : 4.8/5 (942 download)

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Book Synopsis Handbook of Game Theory with Economic Applications by : R.J. Aumann

Download or read book Handbook of Game Theory with Economic Applications written by R.J. Aumann and published by Elsevier. This book was released on 1992 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second of three volumes surveying the state of the art in Game Theory and its applications to many and varied fields, in particular to economics. The chapters in the present volume are contributed by outstanding authorities, and provide comprehensive coverage and precise statements of the main results in each area. The applications include empirical evidence. The following topics are covered: communication and correlated equilibria, coalitional games and coalition structures, utility and subjective probability, common knowledge, bargaining, zero-sum games, differential games, and applications of game theory to signalling, moral hazard, search, evolutionary biology, international relations, voting procedures, social choice, public economics, politics, and cost allocation. This handbook will be of interest to scholars in economics, political science, psychology, mathematics and biology. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Modern Theories of Justice

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Publisher : MIT Press
ISBN 13 : 9780262611800
Total Pages : 540 pages
Book Rating : 4.6/5 (118 download)

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Book Synopsis Modern Theories of Justice by : Serge-Christophe Kolm

Download or read book Modern Theories of Justice written by Serge-Christophe Kolm and published by MIT Press. This book was released on 2002 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first book in English by Serge-Christophe Kolm provides an overview of his far-reaching vision of distributive justice. Kolm derives justice from considerations of rationality. Justice cannot be defined by one all-encompassing principle or set of a few principles. It has the general form of an equality of individuals' liberties in a broad sense, with different applications and specific adjustments when several liberties conflict or when everybody prefers another outcome.Kolm describes the theory of justice and presents and evaluates each of the various modern theories, principles, or criteria of justice. He shows how some complement each other, how some are unworkable, and how some could be rescued. The result is an intensive introduction to the general theory of justice for economists and noneconomists alike.

International Negotiations: A Bibliography

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Publisher : Routledge
ISBN 13 : 0429722052
Total Pages : 542 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis International Negotiations: A Bibliography by : Amos Lakos

Download or read book International Negotiations: A Bibliography written by Amos Lakos and published by Routledge. This book was released on 2019-02-22 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international system comprises a plurality of sovereign states often pursuing conflicting interests. One means of resolving or managing conflicts between those states is diplomatic bargaining or negotiation. In the last fifteen years, the study of negotiation has attracted researchers from various disciplines in the social sciences, and the vol

Social Choice and Bargaining Perspectives on Distributive Justice

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Publisher : Springer Science & Business Media
ISBN 13 : 3662028115
Total Pages : 142 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Social Choice and Bargaining Perspectives on Distributive Justice by : Wulf Gaertner

Download or read book Social Choice and Bargaining Perspectives on Distributive Justice written by Wulf Gaertner and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is probably fair to say that there does not exist a unique and generally accepted not ion of justice. Even if one confines oneself to economic justice one can still get many answers to the question of how justice - henceforth we shall use the term "distributive justice" should be defined and characterized. This may be disappointing for the outside observer but one can also view this as achallenge, at least as long as one thinks that distributive justice is an issue economics should be concerned with. Many problems of distributive justice can be described as follows: There is a fixed collection of well-defined objects (usually commodi ties) which are quantitatively measurable and perfectly divisible. This collection is to be divided up among a certain number of individuals, the members of society, let 's say. According to which principles or rules should this distribution be carried out? Should people be rewarded according to their ability or according to their needs? Should the distribution be such that nobody envies the bundle of any other member of society? Should the collection of entities be distributed in a way that yields the greatest benefi.

Policy and Strategic Behaviour in Water Resource Management

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Publisher : Routledge
ISBN 13 : 1136559590
Total Pages : 365 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis Policy and Strategic Behaviour in Water Resource Management by : Ariel Dinar

Download or read book Policy and Strategic Behaviour in Water Resource Management written by Ariel Dinar and published by Routledge. This book was released on 2012-05-16 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water resource management throughout the world is a very complicated issue, involving various aspects and dimensions and a well-coordinated set of policies. A well-designed water policy is a multi-faceted concerted intervention, which could be specific to just one set of political and physical socio-economic conditions. A framework to analyse the interaction between policy design and implementation can assist in improving both of these in various physical, economic and political situations. This book focuses on the interaction between policy making and strategic behaviour of policy makers, water users and other stakeholders, and how policy analysis and other analytical tools from the field of game theory and negotiation can improve policy design. The book presents analysis by high-level policy makers and policy analysts from various countries, to share experience regarding specific policy issues that are relevant to almost any country in the world, but may have been addressed differently in each country.

How to Divide When There Isn't Enough

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Publisher : Cambridge University Press
ISBN 13 : 1107194628
Total Pages : 507 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis How to Divide When There Isn't Enough by : William Thomson

Download or read book How to Divide When There Isn't Enough written by William Thomson and published by Cambridge University Press. This book was released on 2019-09-05 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to the modern theory of economic design, this book develops an up-to-date treatment of the adjudication of conflicting claims. In addition to covering all aspects of claims problems, it links claims problems with other economic literatures, most prominently the game theory literature.

Power, Voting, and Voting Power: 30 Years After

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Publisher : Springer Science & Business Media
ISBN 13 : 3642359299
Total Pages : 752 pages
Book Rating : 4.6/5 (423 download)

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Book Synopsis Power, Voting, and Voting Power: 30 Years After by : Manfred J Holler

Download or read book Power, Voting, and Voting Power: 30 Years After written by Manfred J Holler and published by Springer Science & Business Media. This book was released on 2013-03-19 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: The developments over a thirty-year time span in the study of power, especially voting power, are traced in this book, which provides an up-to-date overview of applications of n-person game theory to the study of power in multimember bodies. Other theories that shed light on power distribution (e.g. aggregation theory) are treated as well. The book revisits the themes discussed in the well-known 1982 publication "Power, Voting and Voting Power" (edited by Manfred J. Holler). Thirty years later this essential topic has been taken up again and many of the authors from its predecessor participate here again in discussing the state-of-the-art, demonstrating the achievements of three decades of intensive research, and pointing the way to key issues for future work.

Functional Analysis and Economic Theory

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Publisher : Springer Science & Business Media
ISBN 13 : 3642722229
Total Pages : 301 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Functional Analysis and Economic Theory by : Yuri Abramovich

Download or read book Functional Analysis and Economic Theory written by Yuri Abramovich and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: In July of 1996, the conference Nonlinear Analysis and its Applications in Engineering and Economics took place on the Greek island of Samos, the birthplace of Pythagoras. During this conference, a special session was held on th the occasion of the 50 birthday of the well known mathematician and math ematical economist Professor Charalambos Aliprantis, who, by his numerous friends, is usually called Roko. The story behind this nickname is not quite clear yet; it will be investigated further and will be made public prior to his th 60 birthday. (At this moment we have already found out that it has nothing to do with the famous movie Rocco and his Brothers even though Roko does have two brothers. ) Roko was born on the Greek island of Cephalonia on May 12,1946, and his elementary and secondary school education took place there. At 18 he entered the Mathematics Department at the University of Athens. Upon graduation from the University of Athens he proceeded with his graduate studies at Cal tech, where in 1973 he completed his Ph. D. degree in Mathematics under the supervision of Professor W. A. J. Luxemburg. His research career can be divided into two periods. The first one, till 1981, was devoted entirely to pure mathematics. The other one, after 1981, has been subdivided between pure mathematics and mathematical economics. The main objects of Roko's work in pure mathematics are spaces with order structure (Riesz spaces) and operators acting on them.

Theories of Distributive Justice

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Publisher : Harvard University Press
ISBN 13 : 9780674879201
Total Pages : 358 pages
Book Rating : 4.8/5 (792 download)

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Book Synopsis Theories of Distributive Justice by : John E. Roemer

Download or read book Theories of Distributive Justice written by John E. Roemer and published by Harvard University Press. This book was released on 1996 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Roemer has written a unique book that critiques economists' conceptions of justice from a philosophical perspective and philosophical theories of distributive justice from an economic one.

Consistency, Choice, and Rationality

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Publisher : Harvard University Press
ISBN 13 : 0674052994
Total Pages : 231 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Consistency, Choice, and Rationality by : Walter Bossert

Download or read book Consistency, Choice, and Rationality written by Walter Bossert and published by Harvard University Press. This book was released on 2010-10-15 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Consistency, Choice, and Rationality, economic theorists Walter Bossert and Kotaro Suzumura present a thorough mathematical treatment of Suzumura consistency, an alternative to established coherence properties such as transitivity, quasi-transitivity, or acyclicity. Applications in individual and social choice theory, fields important not only to economics but also to philosophy and political science, are discussed. Specifically, the authors explore topics such as rational choice and revealed preference theory, and collective decision making in an atemporal framework as well as in an intergenerational setting.

The Routledge Companion to Social and Political Philosophy

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Publisher : Routledge
ISBN 13 : 0415874564
Total Pages : 869 pages
Book Rating : 4.4/5 (158 download)

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Book Synopsis The Routledge Companion to Social and Political Philosophy by : Gerald F. Gaus

Download or read book The Routledge Companion to Social and Political Philosophy written by Gerald F. Gaus and published by Routledge. This book was released on 2013 with total page 869 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive work provides an up-to-date survey of social and political philosophy, charting its history and key figures and movements, and addressing enduring questions as well as contemporary research.

Game Theory

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Publisher : World Scientific
ISBN 13 : 9814725390
Total Pages : 564 pages
Book Rating : 4.8/5 (147 download)

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Book Synopsis Game Theory by : Leon Aganesovich Petrosi?a?n

Download or read book Game Theory written by Leon Aganesovich Petrosi?a?n and published by World Scientific. This book was released on 2016 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory is a branch of modern applied mathematics that aims to analyze various problems of conflict between parties that have opposed, similar or simply different interests. Games are grouped into several classes according to some important features. In this volume zero-sum two-person games, strategic n-person games in normal form, cooperative games, games in extensive form with complete and incomplete information, differential pursuit games and differential cooperative n-person games are considered.