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Axiomatic Theory Of Bargaining With A Variable Number Of Agents
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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).
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.
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.
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.
Book Synopsis Game Theory (Second Edition) by : Leon A Petrosyan
Download or read book Game Theory (Second Edition) written by Leon A Petrosyan and published by World Scientific. This book was released on 2016-02-23 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 analyse 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 Game Theory (2nd Edition), Petrosyan and Zenkevich consider 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, and non-cooperative N-person games. The 2nd edition updates heavily from the 1st edition published in 1996.
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
Book Synopsis Game-Theoretic Models of Bargaining by : Alvin E. Roth
Download or read book Game-Theoretic Models of Bargaining written by Alvin E. Roth and published by Cambridge University Press. This book was released on 1985-11-29 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive picture of the new developments in bargaining theory.
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.
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.
Download or read book Game Theory written by Leon A Petrosyan and published by World Scientific. This book was released on 1996-02-09 with total page 365 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.
Book Synopsis Strategic Justice by : Peter Vanderschraaf
Download or read book Strategic Justice written by Peter Vanderschraaf and published by Academic. This book was released on 2019 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author defends the ancient claim that justice is at bottom a body of social conventions. Recent analytical and empirical concepts and results from the social sciences together with insights and arguments of past masters of moral and political philosophy are integrated into a new game-theoretic conventionalist analysis of justice.
Download or read book Negotiation written by David Churchman and published by University Press of America. This book was released on 1995 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study outlines and defines key terms and concepts behind negotiation tactics that have been effective throughout history. It is completed with a glossary of over 50 terms used in negotiations.
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.
Book Synopsis Collected Papers by : Robert J. Aumann
Download or read book Collected Papers written by Robert J. Aumann and published by MIT Press. This book was released on 2000 with total page 818 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Aumann's career in game theory has spanned over research - from his doctoral dissertation in 1956 to papers as recent as January 1995. Threaded through all of Aumann's work (symbolized in his thesis on knots) is the study of relationships between different ideas, between different phenomena, and between ideas and phenomena. "When you look closely at one scientific idea", writes Aumann, "you find it hitched to all others. It is these hitches that I have tried to study". The papers are organized in several categories: general, knot theory, decision theory (utility and subjective probability), strategic games, coalitional games, and mathematical methods. Aumann has written an introduction to each of these groups that briefly describes the content and background of each paper, including the motivation and the research process, and relates it to other work in the collection and to work by others. There is also a citation index that allows readers to trace the considerable body of literature which cites Aumann's own work.
Book Synopsis Models of Political Economy by : Hannu Nurmi
Download or read book Models of Political Economy written by Hannu Nurmi and published by Routledge. This book was released on 2006-10-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering decision theory; game theory; mechanism design; and, games of asymmetric information, this work aims to introduce students to the basic methodology of political economics.
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.
Book Synopsis The Business of Consumption by : Laura Westra
Download or read book The Business of Consumption written by Laura Westra and published by Rowman & Littlefield. This book was released on 1998 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the forefront of international concerns about global legislation and regulation, a host of noted environmentalists and business ethicists examine ethical issues in consumption from the points of view of environmental sustainability, economic development, and free enterprise. Visit our website for sample chapters!
