Download or read book On the Role of Bargaining Power in Nash in Nash Bargaining written by Marc Escrihuela-Villar and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Bargaining Power Product Prices and Profits on Wages in a Nash bargaining Model written by Peter Sanfey and published by . This book was released on 1992 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pivotal Buyers and Bargaining Power written by Alexander Raskovich and published by . This book was released on 2000 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Voting and Collective Decision Making written by Annick Laruelle and published by Cambridge University Press. This book was released on 2008-09-11 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day thousands of decisions are made by all kinds of committees, parliaments, councils and boards by a 'yes-no' voting process. Sometimes a committee can only accept or reject the proposals submitted to it for a decision. On other occasions, committee members have the possibility of modifying the proposal and bargaining an agreement prior to the vote. In either case, what rule should be used if each member acts on behalf of a different-sized group? It seems intuitively clear that if the groups are of different sizes then a symmetric rule (e.g. the simple majority or unanimity) is not suitable. The question then arises of what voting rule should be used. Voting and Collective Decision-Making addresses this and other issues through a study of the theory of bargaining and voting power, showing how it applies to real decision-making contexts.
Download or read book Wage Determination and the Sources of Bargaining Power written by Paola Manzini and published by . This book was released on 2002 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Advances in Negotiation Theory written by Carlo Carraro and published by World Bank Publications. This book was released on 2005 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Bargaining is ubiquitous in real life. It is a major dimension of political and business activities. It appears at the international level, when governments negotiate on matters ranging from economic issues (such as the removal of trade barriers), to global security (such as fighting against terrorism) to environmental and related issues (such as climate change control). What factors determine the outcomes of such negotiations? What strategies can help reach an agreement? How should the parties involved divide the gains from cooperation? With whom will one make alliances? The authors address these questions by focusing on a noncooperative approach to negotiations, which is particularly relevant for the study of international negotiations. By reviewing noncooperative bargaining theory, noncooperative coalition theory, and the theory of fair division, they try to identify the connections among these different facets of the same problem in an attempt to facilitate progress toward a unified framework.
Download or read book Credible Threats in Negotiations written by Harold Houba and published by Springer Science & Business Media. This book was released on 2002-08-31 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The modern theory of threats in bargaining situations is presented in a unified and systematic treatment that puts the existing literature in a new perspective. Harold Houba and Wilko Bolt provide a masterful synthesis of the fundamental results obtained in the rapidly expanding game-theoretic literature. The relative impacts of the fundamental forces on the bargaining outcome are discussed and related to the visions expressed by Nobel-laureate John Nash. Many topics -such as robustness of the results with respect to the diversity of known bargaining procedures, the role of commitment and policy bargaining situations- receive their most extensive treatment to date. Credible Threats in Negotiations is suitable as a textbook for graduate students in economic theory and other social sciences and a necessity as a resource for scholars interested in bargaining situations.
Download or read book Applications of Negotiation Theory to Water Issues written by Carlo Carraro and published by World Bank Publications. This book was released on 2005 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: The authors review the applications of noncooperative bargaining theory to water related issues-which fall in the category of formal models of negotiation. They aim to identify the conditions under which agreements are likely to emerge and their characteristics, to support policymakers in devising the " rules of the game " that could help obtain a desired result. Despite the fact that allocation of natural resources, especially trans-boundary allocation, has all the characteristics of a negotiation problem, there are not many applications of formal negotiation theory to the issue. Therefore, the authors first discuss the noncooperative bargaining models applied to water allocation problems found in the literature. Key findings include the important role noncooperative negotiations can play in cases where binding agreements cannot be signed; the value added of politically and socially acceptable compromises; and the need for a negotiated model that considers incomplete information over the negotiated resource.
Download or read book The Future of Economic Design written by Jean-François Laslier and published by Springer Nature. This book was released on 2019-11-15 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays represents responses by over eighty scholars to an unusual request: give your high level assessment of the field of economic design, as broadly construed. Where do we come from? Where do we go from here? The book editors invited short, informal reflections expressing deeply felt but hard to demonstrate opinions, unsupported speculation, and controversial views of a kind one might not normally risk submitting for review. The contributors – both senior researchers who have shaped the field and promising, younger researchers – responded with a diverse collection of provocative pieces, including: retrospective assessments or surveys of the field; opinion papers; reflections on critical points for the development of the discipline; proposals for the immediate future; "science fiction"; and many more. The readers should have fun reading these unusual pieces – as much as the contributors enjoyed writing them.
Download or read book Emotions in bargaining written by Dominik Seidemann and published by GRIN Verlag. This book was released on 2015-03-31 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, Johannes Gutenberg University Mainz, language: English, abstract: Mit der vorliegenden Arbeit wurde die Verknüpfung von bekannten Verhandlungsmodellen der Spieltheorie mit verschiedenen Ansätzen zur Untersuchung des Einflusses von Emotionen auf den Verhandlungsausgang betrachtet. Zu Grunde liegt das Rubinsteinspiel, das im ersten Teil genauer erklärt wird. In der Literaturbetrachtung des zweiten Teils werden verschiedene Artikel zusammengefasst, die in der Motivation geschrieben wurden die tatsächliche Beobachtung von Emotionen in verhandlungstheoretischen Experimenten zu erklären und Modelle (weiter) zu entwickeln, die diesen Beobachtungen Rechnung tragen. Im dritten Teil wird am Beispiel einer spezifischen Verhandlungssituation – dem Verhandeln über den Lohn eines Berufseinsteigers– der Einfluss von Emotionen mit Inspiration aus der Literatur intersucht. Ebenfalls wird ein Modell vorgestellt, das den Ausgang von spezifischen Verhandlungssituationen genauer nachstellen kann. With the present work, the combination of well-known bargaining models of game theory with different approaches to study the influence of emotions on the outcome of negotiations was observed. Basis is the Rubinstein game that is explained in detail in the first part. The second part concludes various items which were written in the motivation to explain the observations of emotions made in actual bargaing-theoretical experiments, and to develop models that take those observations into account. In the third part a specific negotiation situation is exemplary represented- the bargaining over wages of a job applicant- to observe the influence of emotions, inspired by the methods of the literature investigated earlier. Moreover, a model is presented which can calculate the output of specific negotiation situations more accurately.
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.
Download or read book Buyer Size and Bargaining Power written by Tasneem Chipty and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Nash in Nash Bargaining written by Allan Collard-Wexler and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A "Nash equilibrium in Nash bargains" has become a workhorse bargaining model in applied analyses of bilateral oligopoly. This paper proposes a non-cooperative foundation for "Nash-in-Nash" bargaining that extends the Rubinstein (1982) alternating offers model to multiple upstream and downstream firms. We provide conditions on firms' marginal contributions under which there exists, for sufficiently short time between offers, an equilibrium with agreement among all firms at prices arbitrarily close to "Nash-in-Nash prices"--i.e., each pair's Nash bargaining solution given agreement by all other pairs. Conditioning on equilibria without delayed agreement, limiting prices are unique. Unconditionally, they are unique under stronger assumptions.
Download or read book Bargaining written by Emin Karagözoğlu and published by Springer Nature. This book was released on 2022-04-18 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Bargaining Fairness and Price Rigidity in a DSGE Environment written by David M. Arseneau and published by . This book was released on 2007 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A growing body of evidence suggests that an important reason why firms do not change prices nearly as much as standard theory predicts is out of concern for disrupting ongoing customer relationships because price changes may be viewed as "unfair". Existing models that try to capture this concern regarding price-setting are all based on goods markets that are fundamentally Walrasian. In Walrasian goods markets, transactions are spot, making the idea of ongoing customer relationships somewhat difficult to understand. We develop a simple dynamic general equilibrium model of a search-based goods market to make precise the notion of a customer as a repeat buyer at a particular location. In this environment, the transactions price plays a distributive role as well as an allocative role. We exploit this distributive role of prices to explore how concerns for fairness influence price dynamics. Using pricing schemes with bargaining-theoretic foundations, we show that the particular way in which a "fair" outcome is determined matters for price dynamics. The most stark result we find is that complete price stability can arise endogenously. There are issues about which models based on standard Walrasian goods markets are silent"--P. 1.
Download or read book Networks Crowds and Markets written by David Easley and published by Cambridge University Press. This book was released on 2010-07-19 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are all film stars linked to Kevin Bacon? Why do the stock markets rise and fall sharply on the strength of a vague rumour? How does gossip spread so quickly? Are we all related through six degrees of separation? There is a growing awareness of the complex networks that pervade modern society. We see them in the rapid growth of the internet, the ease of global communication, the swift spread of news and information, and in the way epidemics and financial crises develop with startling speed and intensity. This introductory book on the new science of networks takes an interdisciplinary approach, using economics, sociology, computing, information science and applied mathematics to address fundamental questions about the links that connect us, and the ways that our decisions can have consequences for others.
Download or read book The Nash Bargaining Solution in Economic Modelling written by Kenneth George Binmore and published by . This book was released on 1985 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
