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Bargaining and Markets

Bargaining and Markets
Language:
Author: Ariel Rubinstein
Url: http://ww2.economics.utoronto.ca/osborne/bm/
Format: Pdf
Year: 1990
Category: Commerce
Pages: 228
Clicks: 2035

Description
Contents: Introduction; Bargaining Theory ; The Axiomatic Approach: Nash’s Solution; The Strategic Approach: A Model of Alternating Offers; The Relation between the Axiomatic and Strategic Approaches; A Strategic Model of Bargaining between Incompletely Informed Players; A First Approach Using the Nash Solution; Models of Decentralized Trade; Strategic Bargaining in a Steady State Market; Strategic Bargaining in a Market with One-Time Entry; The Role of the Trading Procedure; The Role of Anonymity.

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