Bargaining Theory with Applications

Bargaining Theory with Applications PDF

Author: Abhinay Muthoo

Publisher: Cambridge University Press

Published: 1999-08-19

Total Pages: 378

ISBN-13: 9780521576475

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Graduate textbook presenting abstract models of bargaining in a unified framework with detailed applications involving economic, political and social situations.

Bargaining and Markets

Bargaining and Markets PDF

Author: Martin J. Osborne

Publisher: San Diego ; Toronto : Academic Press

Published: 1990

Total Pages: 242

ISBN-13:

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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.

The Role of Collective Bargaining in the Global Economy

The Role of Collective Bargaining in the Global Economy PDF

Author: Susan Hayter

Publisher: Edward Elgar Publishing

Published: 2011-01-01

Total Pages: 337

ISBN-13: 1849809836

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The book examines the ways in which collective bargaining addresses a variety of workplace concerns in the context of today.s global economy. Globalization can contribute to growth and development, but as the recent financial crisis demonstrated, it also puts employment, earnings and labourstandards at risk. This book examines the role that collective bargaining plays in ensuring that workers are able to obtain a fair share of the benefits arising from participation in the global economy and in providing a measure of security against the risk to employment and wages. It focuses on a commonly neglected side of the story and demonstrates the positivecontribution that collective bargaining can make to both economic and social goals. The various contributions examine how this fundamental principle and right at work is realized in different countries and how its practice can be reinforced across borders. They highlight the numerouschallenges in this regard and the critically important role that governments play in rebalancing bargaining power in a global economy. The chapters are written in an accessible style and deal with practical subjects, including employment security, workplace change and productivity and working time.

Bargaining

Bargaining PDF

Author: Emin Karagözoğlu

Publisher: Springer Nature

Published: 2022-04-18

Total Pages: 486

ISBN-13: 3030766667

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This Edited Collection provides a rigorous and rich overview of current bargaining research in economics and related disciplines, as well as a discussion of future directions. The Editors create cross-disciplinary and cross-methodological synergies by bringing together bargaining researchers from various fields, including game theory, experimental economics, political economy, autonomous negotiations, artificial intelligence, environmental economics and behavioral operations management; as well as using various methods, including the strategic approach, axiomatic approach, empirical research, lab and field experiments, machine learning and decision support systems. Offering insights into the theoretical foundations of bargaining research, traditional applications to bargaining research and topics of growing importance due to new advances in technology and the changing political and physical landscape of the world, this book is a key tool for anyone working on or interested in bargaining.

Does Game Theory Work?

Does Game Theory Work? PDF

Author: K. G. Binmore

Publisher:

Published: 2007

Total Pages: 432

ISBN-13:

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"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.

Household and Economy

Household and Economy PDF

Author: Marc Nerlove

Publisher: Academic Press

Published: 2014-05-10

Total Pages: 174

ISBN-13: 1483274683

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Household and Economy: Welfare Economics of Endogenous Fertility deals with welfare economics and the socially optimal population size, as well as the social consequences of individual choice with respect to family size within each generation. The general equilibrium implications of endogenous fertility for a number of issues of population policy are discussed. In addition to their own consumption, the number of children and the utility of each child is assumed to enter the utility function of the parents. Comprised of 10 chapters, this volume begins with a review of social welfare criteria for optimal population size and the static theory of optimal population size, optimal population growth with exogenous fertility, and the theory of endogenous fertility. The reader is then introduced to the basic principles of welfare economics and the economics of externalities, followed by a summary of the traditional theory of household behavior. Subsequent chapters focus on optimal population size according to various social welfare criteria; real and potential externalities generated by the endogeneity of fertility; and the principal alternative reason for having children: to transfer resources from the present to support the future consumption of parents in old age. The book concludes by assessing the implications of endogenous fertility for within-generation income distribution policies and reflecting on the directions in which future research may be fruitful. This monograph will be of value to economists, social scientists, students of welfare economics, and those who wish to understand the contribution of economic analysis to an improved understanding of population policy.

Negotiating the World Economy

Negotiating the World Economy PDF

Author: John S. Odell

Publisher: Cornell University Press

Published: 2018-09-05

Total Pages: 272

ISBN-13: 1501732056

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It is often said economics has become as important as security in international relations, yet we work with much less than full understanding of what goes on when government negotiators bargain over trade, finance, and the rules of international economic organizations. The process of economic negotiation shapes the world political economy, John S. Odell says, and this essential process can be understood and practiced better than it is now.His absorbing book compares ten major economic negotiations since 1944 that have involved the United States. Odell gives the inside stories, targeting the strategies used by the negotiators, and explaining strategy choice as well as why the same strategy gains more in some situations and less in others. He identifies three broad factors—changing market conditions, negotiator beliefs, and domestic politics—as key influences on strategies and outcomes. The author develops an insightful mid-range theory premised on bounded rationality, setting it apart from the most common form of rational choice as well as from views that reject rationality. Negotiating the World Economy reveals a rich set of future research paths, and closes with guidelines for improving negotiation performance today. The main ideas are relevant for any country and for all who may be affected by economic bargaining.

Information, Incentives and Bargaining in the Japanese Economy

Information, Incentives and Bargaining in the Japanese Economy PDF

Author: Masahiko Aoki

Publisher: Cambridge University Press

Published: 1988

Total Pages: 336

ISBN-13: 9780521386814

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An in-depth analysis of conventional notions for basic characteristics of the Japanese market economy's microstructure that have significantly influenced economists' approaches to industrial organization.

Negotiation & Economics

Negotiation & Economics PDF

Author: Laura Concina

Publisher: FonCSI

Published: 2015-03-01

Total Pages: 52

ISBN-13:

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Since technological risk issues imply stakeholders with different preferences and objectives, they are largely submitted to negotiation. Bargaining is ubiquitous and this Regard aims to give an overview of the bargaining process from an economic point of view. In an extent, its scope is to focus on what we can grasp from theory in order to understand better how negotiation can evolve.