Rubinstein Bargaining with Two-Sided Outside Options

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Rubinstein Bargaining with Two-Sided Outside Options by : Clara Ponsati

Download or read book Rubinstein Bargaining with Two-Sided Outside Options written by Clara Ponsati and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this note we show that if in the standard Rubinstein model both players are allowed to leave the negotiation after a rejection, in which case they obtain a payoff of zero, then there exist a continuum of subgame-perfect equilibrium outcomes, including some which involve significant delay. We also fully characterize the case in which, upon quitting, the players can take an outside option of positive value.

Rubinstein Bargaining with Two-sided Options

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ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (753 download)

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Book Synopsis Rubinstein Bargaining with Two-sided Options by : József Sákovics

Download or read book Rubinstein Bargaining with Two-sided Options written by József Sákovics and published by . This book was released on 1995 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bargaining Theory with Applications

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Publisher : Cambridge University Press
ISBN 13 : 9780521576475
Total Pages : 378 pages
Book Rating : 4.5/5 (764 download)

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Book Synopsis Bargaining Theory with Applications by : Abhinay Muthoo

Download or read book Bargaining Theory with Applications written by Abhinay Muthoo and published by Cambridge University Press. This book was released on 1999-08-19 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Graduate textbook presenting abstract models of bargaining in a unified framework with detailed applications involving economic, political and social situations.

Rubinstein Bargaining with Two-sided Options

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (753 download)

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Book Synopsis Rubinstein Bargaining with Two-sided Options by : József Sákovics

Download or read book Rubinstein Bargaining with Two-sided Options written by József Sákovics and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Credible Threats in Negotiations

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Publisher : Springer Science & Business Media
ISBN 13 : 0306475391
Total Pages : 330 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Credible Threats in Negotiations by : Wilko Bolt

Download or read book Credible Threats in Negotiations written by Wilko Bolt and published by Springer Science & Business Media. This book was released on 2005-12-08 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The game-theoretic modelling of negotiations has been an active research area for the past five decades, that started with the seminal work by Nobel laureate John Nash in the early 1950s. This book provides a survey of some of the major developments in the field of strategic bargaining models with an emphasize on the role of threats in the negotiation process. Threats are all actions outside the negotiation room that negotiators have ate their disposal and the use of these actions affect the bargaining position of all negotiators. Of course, each negotiator aims to strengthen his own position. Examples of threats are the announcement of a strike by a union in centralized wage bargaining, or a nation’s announcement of a trade war directed against other nations in negotiations for trade liberalization. This book is organized on the basis of a simple guiding principle: The situation in which none of the parties involved in the negotiations has threats at its disposal is the natural benchmark for negotiations where the parties can make threats. Also on the technical level, negotiations with variable threats build on and extend the techniques applied in analyzing bargaining situations without threats. The first part of this book, containing chapter 3-6, presents the no-threat case, and the second part, containing chapter 7-10, extends the analysis for negotiation situations where threats are present. A consistent and unifying framework is provided first in 2.

Game Theory Evolving

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Publisher : Princeton University Press
ISBN 13 : 9780691009438
Total Pages : 576 pages
Book Rating : 4.0/5 (94 download)

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Book Synopsis Game Theory Evolving by : Herbert Gintis

Download or read book Game Theory Evolving written by Herbert Gintis and published by Princeton University Press. This book was released on 2000 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of strategic action (game theory) is moving from a formal science of rational behavior to an evolutionary tool kit for studying behavior in a broad array of social settings. In this problem-oriented introduction to the field, Herbert Gintis exposes students to the techniques and applications of game theory through a wealth of sophisticated and surprisingly fun-to-solve problems involving human (and even animal) behavior. Game Theory Evolving is innovative in several ways. First, it reflects game theory's expansion into such areas as cooperation in teams, networks, the evolution and diffusion of preferences, the connection between biology and economics, artificial life simulations, and experimental economics. Second, the book--recognizing that students learn by doing and that most game theory texts are weak on problems--is organized around problems, and introduces principles through practice. Finally, the quality of the problems is simply unsurpassed, and each chapter provides a study plan for instructors interested in teaching evolutionary game theory. Reflecting the growing consensus that in many important contexts outside of anonymous markets, human behavior is not well described by classical "rationality," Gintis shows students how to apply game theory to model how people behave in ways that reflect the special nature of human sociality and individuality. This book is perfect for upper undergraduate and graduate economics courses as well as a terrific introduction for ambitious do-it-yourselfers throughout the behavioral sciences.

Bilateral Bargaining

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Publisher : Springer Science & Business Media
ISBN 13 : 3642561608
Total Pages : 193 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Bilateral Bargaining by : Stefan Napel

Download or read book Bilateral Bargaining written by Stefan Napel and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates bargaining between two agents. Its objective is to present, to extend, and to apply the present state of theoretical knowledge. A wide range of questions will be considered: First of all, will two parties reach efficient agreements? Traditional economic theory gives a generally affirma tive answer for perfectly rational agents, who can carry out complex calcu lations instantaneously and without cost. The book uses innovative methods to analyse the implications of less demanding assumptions. A practical ques tion related to bargaining is: How much power does the design of institutions such as the U. N. Security Council give to each of its members? Formally, non permanent members' votes are necessary to pass resolutions, but theoretical investigation of pre-voting negotiation attributes all power to the five perma nent members. Or one may ask whether a society should rather finance the education in higher mathematics for a talented person than remedial training for a retarded person? Different concepts of justice yield different answers. Which particular concept is implemented in a given society is also a matter of bargaining, and it is of special philosophical interest to investigate which bargain will be struck in an ideal society in which individual talents and resources are not yet known. Very generally, a bilateral bargaining situation is characterized by two agents - individuals, firms, governments, etc.

Rubinstein bargaining with two-sided options

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ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (85 download)

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Book Synopsis Rubinstein bargaining with two-sided options by : József Sákovics

Download or read book Rubinstein bargaining with two-sided options written by József Sákovics and published by . This book was released on 1995 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Game Theory

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Publisher : MIT Press
ISBN 13 : 9780262061414
Total Pages : 616 pages
Book Rating : 4.0/5 (614 download)

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Book Synopsis Game Theory by : Drew Fudenberg

Download or read book Game Theory written by Drew Fudenberg and published by MIT Press. This book was released on 1991-08-29 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: This advanced text introduces the principles of noncooperative game theory in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. This advanced text introduces the principles of noncooperative game theory—including strategic form games, Nash equilibria, subgame perfection, repeated games, and games of incomplete information—in a direct and uncomplicated style that will acquaint students with the broad spectrum of the field while highlighting and explaining what they need to know at any given point. The analytic material is accompanied by many applications, examples, and exercises. The theory of noncooperative games studies the behavior of agents in any situation where each agent's optimal choice may depend on a forecast of the opponents' choices. "Noncooperative" refers to choices that are based on the participant's perceived selfinterest. Although game theory has been applied to many fields, Fudenberg and Tirole focus on the kinds of game theory that have been most useful in the study of economic problems. They also include some applications to political science. The fourteen chapters are grouped in parts that cover static games of complete information, dynamic games of complete information, static games of incomplete information, dynamic games of incomplete information, and advanced topics.

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.

Multi-dimensional Approaches Towards New Technology

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Publisher : Springer
ISBN 13 : 981131232X
Total Pages : 350 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Multi-dimensional Approaches Towards New Technology by : Ashish Bharadwaj

Download or read book Multi-dimensional Approaches Towards New Technology written by Ashish Bharadwaj and published by Springer. This book was released on 2018-07-23 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access edited book captures the complexities and conflicts arising at the interface of intellectual property rights (IPR) and competition law. To do so, it discusses four specific themes: (a) policies governing functioning of standard setting organizations (SSOs), transparency and incentivising future innovation; (b) issue of royalties for standard essential patents (SEPs) and related disputes; (c) due process principles, procedural fairness and best practices in competition law; and (d) coherence of patent policies and consonance with competition law to support innovation in new technologies. Many countries have formulated policies and re-oriented their economies to foster technological innovation as it is seen as a major source of economic growth. At the same time, there have been tensions between patent laws and competition laws, despite the fact that both are intended to enhance consumer welfare. In this regard, licensing of SEPs has been debated extensively, although in most instances, innovators and implementers successfully negotiate licensing of SEPs. However, there have been instances where disagreements on royalty base and royalty rates, terms of licensing, bundling of patents in licenses, pooling of licenses have arisen, and this has resulted in a surge of litigation in various jurisdictions and also drawn the attention of competition/anti-trust regulators. Further, a lingering lack of consensus among scholars, industry experts and regulators regarding solutions and techniques that are apposite in these matters across jurisdictions has added to the confusion. This book looks at the processes adopted by the competition/anti-trust regulators to apply the principles of due process and procedural fairness in investigating abuse of dominance cases against innovators.

Current Trends in Economics

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Publisher : Springer Science & Business Media
ISBN 13 : 3662037505
Total Pages : 541 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis Current Trends in Economics by : Ahmet Alkan

Download or read book Current Trends in Economics written by Ahmet Alkan and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1990, the Society for the Advancement of Economic Theory (SAET) was founded with the main purpose to advance our knowledge in theoretical economics and to facilitate communication among researchers in economics, mathematics, game theory and any other field which is po tentially useful to economic theory. To achieve these goals, SAET sponsors the research journal Economic Theory published by Springer-Verlag and holds international conferences every other year. The first two conferences SAET took place in the island of Cephalonia, Greece, in the summers of of 1993 and 1995. In the summer of 1997, the conference was held in Antalya, Turkey. The twenty-nine papers in this volume are mostly by participants in the Antalya meeting of SAET and form a broad sample of the 150 papers pre sented there. Topics covered include cooperative and noncooperative games, social choice and welfare, bargaining, matchings, auctions, mechanism de sign, general equilibrium, general equilibrium with finance, industrial or ganization, macroeconomics, and experimental economics. We have chosen to present the papers according to the alphabetical order of first author names instead of grouping them by topic or theme. We have appended a complete listing of the sessions in the conference together with a list of program committee members and of sponsors at the end of the volume.

Bargaining and Markets

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Publisher : San Diego ; Toronto : Academic Press
ISBN 13 :
Total Pages : 242 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Bargaining and Markets by : Martin J. Osborne

Download or read book Bargaining and Markets written by Martin J. Osborne and published by San Diego ; Toronto : Academic Press. This book was released on 1990 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses two recent developments in this theory. The first uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly. The second applies the theory of bargaining to the study of decentralized markets. Rather than surveying the field, the authors present a select number of models, each of which illustrates a key point. In addition, they give detailed proofs throughout the book.

Handbook of Group Decision and Negotiation

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Publisher : Springer Science & Business Media
ISBN 13 : 9048190975
Total Pages : 473 pages
Book Rating : 4.0/5 (481 download)

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Book Synopsis Handbook of Group Decision and Negotiation by : D. Marc Kilgour

Download or read book Handbook of Group Decision and Negotiation written by D. Marc Kilgour and published by Springer Science & Business Media. This book was released on 2010-08-02 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publication of the Handbook of Group Decision and Negotiation marks a milestone in the evolution of the group decision and negotiation (GDN) eld. On this occasion, editors Colin Eden and Marc Kilgour asked me to write a brief history of the eld to provide background and context for the volume. They said that I am in a good position to do so: Actively involved in creating the GDN Section and serving as its chair; founding and leading the GDN journal, Group Decision and Negotiation as editor-in-chief, and the book series, “Advances in Group Decision and Negotiation” as editor; and serving as general chair of the GDN annual meetings. I accepted their invitation to write a brief history. In 1989 what is now the Institute for Operations Research and the Management Sciences (INFORMS) established its Section on Group Decision and Negotiation. The journal Group Decision and Negotiation was founded in 1992, published by Springer in cooperation with INFORMS and the GDN Section. In 2003, as an ext- sion of the journal, the Springer book series, “Advances in Group Decision and Negotiation” was inaugurated.

State, Institutions and Democracy

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Publisher : Springer
ISBN 13 : 3319445820
Total Pages : 401 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis State, Institutions and Democracy by : Norman Schofield

Download or read book State, Institutions and Democracy written by Norman Schofield and published by Springer. This book was released on 2016-10-25 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a set of original and innovative contributions on state, institutions and democracy in the field of political economy. Modern political economy has implied the interaction between politics and economics to understand political, electoral and public issues in different nations, and in this volume a group of leading political economists and political scientists from Europe, America and Asia provides theoretical advances, modelling and case studies on main topics in political economy. The analysis of the role and performance of politics and democracy in diverse nations implies the study of the organization of the state, lobbying, political participation, public policies, electoral politics, public administration and the provision of public services. This book provides advances in the research frontier of these topics and combines historical evidence, institutional analysis, mathematical models and empirical analysis in an interdisciplinary approach. Political and social scientists, economists and those interested in the performance of states, democracy and elections can find new research results in this volume.

Bargaining in the Shadow of the Market

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Publisher : World Scientific
ISBN 13 : 9814447579
Total Pages : 229 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Bargaining in the Shadow of the Market by : Kalyan Chatterjee

Download or read book Bargaining in the Shadow of the Market written by Kalyan Chatterjee and published by World Scientific. This book was released on 2013 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bargaining in the Shadow of the Market OCo Selected Papers on Bilateral and Multilateral Bargaining consists of selected research in bargaining carried out by Kalyan Chatterjee by himself and with various co-authors. Chatterjee has been one of the earliest researchers to work on noncooperative bargaining theory and has contributed to bilateral bargaining with parties having private information as well as multilateral coalition formation models. Some of his work in each of these areas finds place here.The main theme of this collection of papers is the nature of negotiations when participants have alternatives to continue negotiating, either by beginning negotiations with a different partner or set of partners or by engaging in time-consuming search for such partners. Chapters in this book include: a noncooperative theory of coalitional bargaining and features a laboratory experiment relevant to this theory as well as an extension to political negotiations, search for alternative partners, the effect of markets and bargaining on incentives of players to invest in the partnership and related papers on incentive compatibility, arbitration and a dynamic model of negotiation. The book also includes a new introduction that puts these papers in the context of the broader literature in the field.

Game-Theoretic Models of Bargaining

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Publisher : Cambridge University Press
ISBN 13 : 0521267579
Total Pages : 402 pages
Book Rating : 4.5/5 (212 download)

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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.