A theory of the bargaining process

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112 citations0/0 files storedAmerican Economic Review

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Game Theory and Voting Systems Conflict Management and Negotiation Game Theory and Applications

Abstract

Offers a precise analysis of bargaining by means of a positive theory based on familiar economic concepts. Use of Nash theory; Components and the dynamic nature of bargaining process; Three conditions needed to satisfy the outcome of bargaining process; Analysis of the dynamic process of disagreement-concession-agreement; Fixed cost of bargaining; Nash condition of symmetry on the bargaining situation. (From Ebsco)

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References

1973Myopia and Inconsistency in Dynamic Utility Maximization 1933The Theory of Wages.1948Theories of learning.2018Problems Of Monopoly And Economic Warfare 1982Approaches to the Bargaining Problem before and after the Theory of Games: A Critical Discussion of Zeuthen’s, Hicks’, and Nash’s Theories 1959The Wage Rate Under Collective Bargaining

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1992Chapter 7 Noncooperative models of bargaining 2017The Consequences of Popular Participation in Constitutional Choice – Towards a Comparative Analysis 1977Argumentation in Foreign Policy Settings 1985The role of risk aversion in a simple bargaining model 1982Bilateral bargaining, pareto optimality, and the empirical frequency of impasse 2004The effect of firm financial characteristics and the availability of alternative finance on IPO underpricing 2012Barrgh-gaining with Somali Pirates 1981Industrial Relations Research in the United States

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