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Enhancing Honesty In Bargaining Under Incomplete Information
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Book Synopsis Enhancing Honesty in Bargaining Under Incomplete Information by : James E. Parco
Download or read book Enhancing Honesty in Bargaining Under Incomplete Information written by James E. Parco and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sealed-bid k-double auction mechanism for two-person bargaining under incomplete information can be extended by providing a bonus for both traders if, and only if, an agreement is reached. Brams and Kilgour (1996) proved that there is a unique level of bonus, namely, half the difference between the buyer's bid and seller's ask, that induces the traders to bargain truthfully. Stein and Parco (2001) extend the theoretical work to the case of partial bonus levels that reduce, but do not completely eliminate, misrepresentation of the reservation values. In the present study, we experimentally investigate the effects of providing different bonus values on the misrepresentation of the bargainers' reservation values. Our results show that implementation of a bonus has a significant impact on bargaining behavior but not nearly to the extent predicted by the equilibrium analysis. A reinforcement-based learning model originally proposed for the no bonus case accounts quite well for the results of all three experimental conditions.
Book Synopsis Advances in Understanding Strategic Behaviour by : S. Huck
Download or read book Advances in Understanding Strategic Behaviour written by S. Huck and published by Springer. This book was released on 2004-10-29 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to experimental economics. There are plenty of new models and insights but the book also illustrates the boundaries of what we know today and explains the frontiers of tomorrow. The articles were written in honour of Werner Güth.
Book Synopsis Bargaining Under Incomplete Information by : Allan Richard Young
Download or read book Bargaining Under Incomplete Information written by Allan Richard Young and published by . This book was released on 1983 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Small Group Research by : Herbert Blumberg
Download or read book Small Group Research written by Herbert Blumberg and published by Springer Science & Business Media. This book was released on 2011-10-05 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small group research is of particularly wide interest to people working in a fairly broad variety of areas concerned with understanding conflict, especially for practitioners and researchers concerned with conflict resolution, peace, and related areas. The editors will focus on six main topical areas of small group research, which include: - Cooperation, competition, and conflict resolution - Coalitions, bargaining, and games - Group dynamics and social cognition - The group and organization - Team performance - Intergroup relations
Book Synopsis Two-Person Bargaining Under Incomplete Information by : James E. Parco
Download or read book Two-Person Bargaining Under Incomplete Information written by James E. Parco and published by . This book was released on 2002-05-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: New theoretical developments and recent experimental studies involving the sealed-bid kappa-double auction mechanism for bilateral bargaining under incomplete information have raised new questions about procedures that induce efficient bargaining behavior and about the applicability of extant adaptive learning models. It is now generally accepted that a theory of bargaining behavior for individuals who typically do not meet the stringent assumptions about common knowledge of rationality cannot be complete without systematic empirical investigations of the properties of the various mechanisms that structure bargaining. The aim of this dissertation is to critically explore the extent to which efficient bargaining outcomes can be achieved while dynamically accounting for individual behavior across repeated play of the game. In the first study, an endogenous bonus is introduced into the baseline single- stage game. Although theoretically doing so induces truth-telling behavior for both players, the experimental data provide very limited support. In the second study, the baseline game is extended by incorporating an additional, costless period of bargaining, thereby giving players an increased opportunity to reveal information about their respective reservation values. The data show that subjects quickly learn not to reveal information about their private valuation despite the increased opportunity to bilaterally improve efficiency. Finally, the third study investigates behavior sensitivity to variation in the trading parameter, kappa. Instead of following the historical precedent of setting kappa = 1/2, extreme values of kappa are invoked in an asymmetric information environment endowing a player with exclusive price-setting power.
Book Synopsis Promoting Peace with Information by : Dan Lindley
Download or read book Promoting Peace with Information written by Dan Lindley and published by Princeton University Press. This book was released on 2007-05-13 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: "It is normally assumed that international security can reduce the risk of war by increasing transparency among adversial nations. But how is transparency provided, how does it actually work, and how effective is it in preserving or restoring peace? This text provides answer to these questions". --Publisher's description.
Book Synopsis Promoting Peace with Information by : Dan Lindley
Download or read book Promoting Peace with Information written by Dan Lindley and published by Princeton University Press. This book was released on 2021-02-09 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is normally assumed that international security regimes such as the United Nations can reduce the risk of war by increasing transparency among adversarial nations. The more adversaries understand each other's intentions and capabilities, the thinking goes, the less likely they are to be led to war by miscalculations and unwarranted fears. But how is transparency provided, how does it actually work, and how effective is it in preserving or restoring peace? In Promoting Peace with Information, Dan Lindley provides the first scholarly answer to these important questions. Lindley rigorously examines a wide range of cases, including U.N. peacekeeping operations in Cyprus, the Golan Heights, Namibia, and Cambodia; arms-control agreements, including the Nuclear Non-Proliferation Treaty; and the historical example of the Concert of Europe, which sought to keep the peace following the defeat of Napoleon in 1815. Making nuanced arguments based on extensive use of primary sources, interviews, and field research, Lindley shows when transparency succeeds in promoting peace, and when it fails. His analysis reveals, for example, that it is surprisingly hard for U.N. buffer-zone monitors to increase transparency, yet U.N. nation-building missions have creatively used transparency to refute harmful rumors and foster democracy. For scholars, Promoting Peace with Information is a major advance into the relatively uncharted intersection of institutionalism and security studies. For policymakers, its findings will lead to wiser peacekeeping, public diplomacy, and nation building.
Author :United States. Department of Defense. Office of the Inspector General Publisher : ISBN 13 : Total Pages :164 pages Book Rating :4.:/5 (31 download)
Book Synopsis The Truth in Negotiations Act (TINA) Handbook by : United States. Department of Defense. Office of the Inspector General
Download or read book The Truth in Negotiations Act (TINA) Handbook written by United States. Department of Defense. Office of the Inspector General and published by . This book was released on 1993 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Truth in Negotiations Act (TINA) Handbook by : DIANE Publishing Company
Download or read book The Truth in Negotiations Act (TINA) Handbook written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1996-04 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides information on processing defective pricing audit reports received by the Defense contracting officer. Includes a synopsis of pertinent laws, regulations, board & court cases, as well as a sample milestone schedule which may be used by contracting officers in achieving resolution & disposition of defective pricing audits within the time frames prescribed in the DoD Directive 7640-2, Policy for Follow up on Contract Audit Reports.Ó Also, information on contract negotiation: Do's & Don'ts for Contracting OfficersÓ. Glossary.
Book Synopsis Management of the Department of Defense: Defective pricing under the Truth-in-Negotiations Act by : United States. Congress. Senate. Committee on Governmental Affairs
Download or read book Management of the Department of Defense: Defective pricing under the Truth-in-Negotiations Act written by United States. Congress. Senate. Committee on Governmental Affairs and published by . This book was released on 1983 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Behavioral Game Theory by : Colin F. Camerer
Download or read book Behavioral Game Theory written by Colin F. Camerer and published by Princeton University Press. This book was released on 2011-09-05 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game theory, the formalized study of strategy, began in the 1940s by asking how emotionless geniuses should play games, but ignored until recently how average people with emotions and limited foresight actually play games. This book marks the first substantial and authoritative effort to close this gap. Colin Camerer, one of the field's leading figures, uses psychological principles and hundreds of experiments to develop mathematical theories of reciprocity, limited strategizing, and learning, which help predict what real people and companies do in strategic situations. Unifying a wealth of information from ongoing studies in strategic behavior, he takes the experimental science of behavioral economics a major step forward. He does so in lucid, friendly prose. Behavioral game theory has three ingredients that come clearly into focus in this book: mathematical theories of how moral obligation and vengeance affect the way people bargain and trust each other; a theory of how limits in the brain constrain the number of steps of "I think he thinks . . ." reasoning people naturally do; and a theory of how people learn from experience to make better strategic decisions. Strategic interactions that can be explained by behavioral game theory include bargaining, games of bluffing as in sports and poker, strikes, how conventions help coordinate a joint activity, price competition and patent races, and building up reputations for trustworthiness or ruthlessness in business or life. While there are many books on standard game theory that address the way ideally rational actors operate, Behavioral Game Theory stands alone in blending experimental evidence and psychology in a mathematical theory of normal strategic behavior. It is must reading for anyone who seeks a more complete understanding of strategic thinking, from professional economists to scholars and students of economics, management studies, psychology, political science, anthropology, and biology.
Author :United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee Publisher : ISBN 13 : Total Pages :66 pages Book Rating :4.3/5 (121 download)
Book Synopsis Defense Contractors' Compliance with the Truth in Negotiations Act by : United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee
Download or read book Defense Contractors' Compliance with the Truth in Negotiations Act written by United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee and published by . This book was released on 1987 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Negotiation Games by : Steven J. Brams
Download or read book Negotiation Games written by Steven J. Brams and published by Psychology Press. This book was released on 2003 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Steven J. Brams is one of the leading game theorists of his generation. This new edition includes brand new material on topics such as fallback bargaining and principles of rational negotiation.
Author :National Academies of Sciences, Engineering, and Medicine Publisher :National Academies Press ISBN 13 :0309391253 Total Pages :327 pages Book Rating :4.3/5 (93 download)
Book Synopsis Fostering Integrity in Research by : National Academies of Sciences, Engineering, and Medicine
Download or read book Fostering Integrity in Research written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-01-13 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integrity of knowledge that emerges from research is based on individual and collective adherence to core values of objectivity, honesty, openness, fairness, accountability, and stewardship. Integrity in science means that the organizations in which research is conducted encourage those involved to exemplify these values in every step of the research process. Understanding the dynamics that support â€" or distort â€" practices that uphold the integrity of research by all participants ensures that the research enterprise advances knowledge. The 1992 report Responsible Science: Ensuring the Integrity of the Research Process evaluated issues related to scientific responsibility and the conduct of research. It provided a valuable service in describing and analyzing a very complicated set of issues, and has served as a crucial basis for thinking about research integrity for more than two decades. However, as experience has accumulated with various forms of research misconduct, detrimental research practices, and other forms of misconduct, as subsequent empirical research has revealed more about the nature of scientific misconduct, and because technological and social changes have altered the environment in which science is conducted, it is clear that the framework established more than two decades ago needs to be updated. Responsible Science served as a valuable benchmark to set the context for this most recent analysis and to help guide the committee's thought process. Fostering Integrity in Research identifies best practices in research and recommends practical options for discouraging and addressing research misconduct and detrimental research practices.
Book Synopsis Atti della seconda "Lezione Mario Arcelli" by : Marco Mazzoli
Download or read book Atti della seconda "Lezione Mario Arcelli" written by Marco Mazzoli and published by Rubbettino Editore. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Exploring the Trust and Innovation Mechanisms in M&A of China’s State Owned Enterprises with Mixed Ownership by : Yan Wang
Download or read book Exploring the Trust and Innovation Mechanisms in M&A of China’s State Owned Enterprises with Mixed Ownership written by Yan Wang and published by Springer Nature. This book was released on 2021-09-20 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is dedicated to strategic management research relating to China’s SOE. As China’s economic system of the day is featured by mixed ownership, state-owned enterprises (SOEs), under the New Normal of economic backdrop, are devoted to exploring the reform of stock resources reorganization, one of which is through mergers and acquisitions (M&A). This book explores the key points and difficulties in the successful reform of Chinese enterprises with mixed ownership by focusing on trust and innovation and by widely covering normative research, index evaluation system, game theory and empirical research with case study. It is significant for evaluating the reform of SOE in China by integrating the informal institutional aspects into the formal one and understanding the leading role of SOE in China’s economic development.
Book Synopsis Ohio State Journal on Dispute Resolution by :
Download or read book Ohio State Journal on Dispute Resolution written by and published by . This book was released on 2009 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt:
