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Game Theoretic Models Of Bargaining

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Game Theoretic Models Of Bargaining

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Author : Alvin E. Roth
language : en
Publisher: Cambridge University Press
Release Date : 2009-09-23

Game Theoretic Models Of Bargaining written by Alvin E. Roth and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-23 with Business & Economics categories.

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.

Game Theoretic Models Of Bargaining

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Author : Henricus Emerence David Houba
language : en
Publisher:
Release Date : 1994

Game Theoretic Models Of Bargaining written by Henricus Emerence David Houba and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.

Game Theoretic Models Of Bargaining

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Author : Alvin E. Roth
language : en
Publisher: Cambridge University Press
Release Date : 1985-11-29

This book provides a comprehensive picture of the new developments in bargaining theory.

Game Equilibrium Models Iii

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Author : Reinhard Selten
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09

Game Equilibrium Models Iii written by Reinhard Selten and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-09 with Business & Economics categories.

The four volumes of Game Equilibrium Models present applications of non-cooperative game theory. Problems of strategic interaction arising in biology, economics, political science and the social sciences in general are treated in 42 papers on a wide variety of subjects. Internationally known authors with backgrounds in various disciplines have contributed original research. The reader finds innovative modelling combined with advanced methods of analysis. The four volumes are the outcome of a research year at the Center for Interdisciplinary Studies of the University of Bielefeld. The close interaction of an international interdisciplinary group of researchers has produced an unusual collection of remarkable results of great interest for everybody who wants to be informed on the scope, potential, and future direction of work in applied game theory. Volume III Strategic Bargaining contains ten papers on game equilibrium models of bargaining. All these contributions look at bargaining situations as non-cooperative games. General models of two-person and n-person bargaining are explored.

Credible Threats In Negotiations

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Author : Wilko Bolt
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-04-11

Credible Threats In Negotiations written by Wilko Bolt and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-04-11 with Business & Economics categories.

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.

Does Game Theory Work

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Author : K. G. Binmore
language : en
Publisher:
Release Date : 2007

Does Game Theory Work written by K. G. Binmore and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.

"This volume brings together all of Ken Binmore's influential experimental papers on bargaining along with newly written commentary in which Binmore discusses the underlying game theory and addresses the criticism leveled at it by behavioral economists."--BOOK JACKET.

Game Theoretic Models Of Cooperation And Conflict

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Author : John P Mayberry
language : en
Publisher: Westview Press
Release Date : 1992-10-19

Game Theoretic Models Of Cooperation And Conflict written by John P Mayberry and has been published by Westview Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-10-19 with Business & Economics categories.

Commissioned for the Arms Control and Disarmament Agency in the late 1960s, these papers, all by game theorists, marked great advances in bargaining theory, repeated games with incomplete information and proliferation models with special applications to arms control.

Axiomatic Bargaining Game Theory

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Author : H.J. Peters
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-17

Axiomatic Bargaining Game Theory written by H.J. Peters and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-17 with Business & Economics categories.

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.

Game Theory And Behavior

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Author : Jeffrey Carpenter
language : en
Publisher: MIT Press
Release Date : 2022-12-06

Game Theory And Behavior written by Jeffrey Carpenter and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-06 with Mathematics categories.

An introduction to game theory that offers not only theoretical tools but also the intuition and behavioral insights to apply these tools to real-world situations. This introductory text on game theory provides students with both the theoretical tools to analyze situations through the logic of game theory and the intuition and behavioral insights to apply these tools to real-world situations. It is unique among game theory texts in offering a clear, formal introduction to standard game theory while incorporating evidence from experimental data and introducing recent behavioral models. Students will not only learn about incentives, how to represent situations as games, and what agents “should” do in these situations, but they will also be presented with evidence that either confirms the theoretical assumptions or suggests a way in which the theory might be updated. Features: Each chapter begins with a motivating example that can be run as an experiment and ends with a discussion of the behavior in the example. Parts I–IV cover the fundamental “nuts and bolts” of any introductory game theory course, including the theory of games, simple games with simultaneous decision making by players, sequential move games, and incomplete information in simultaneous and sequential move games. Parts V–VII apply the tools developed in previous sections to bargaining, cooperative game theory, market design, social dilemmas, and social choice and voting. Part VIII offers a more in-depth discussion of behavioral game theory models including evolutionary and psychological game theory. Instructor resources include solutions to end-of-chapter exercises, worksheets for running each chapter's experimental games using pencil and paper, and the oTree codes for running the games online.

Game Theory

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Author : Hans Keiding
language : en
Publisher: World Scientific Publishing Company
Release Date : 2015-03-30

Game Theory written by Hans Keiding and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-03-30 with Mathematics categories.

This book is intended as an introduction to game theory which goes beyond the field of application, economics, and which introduces the reader to as many different sides of game theory as possible within the limitations of an introduction. The main goal is to give an impression of the diversity of game theoretical models, while at the same time covering the standard topics. The book has an equal coverage of non-cooperative and cooperative games, and it covers several topics such as selecting Nash equilibria, non-transferable utility games, applications of game theory to logic, combinatorial and differential games.

Game Theoretic Models Of Bargaining

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