Download or read book An Econometric Analysis of Price Bargaining written by Edward Oczkowski and published by . This book was released on 1993 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competition Or Collusion written by Alexander Raskovich and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ordered Bargaining written by Alexander Raskovich and published by . This book was released on 2006 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Fairness in Bargaining and Markets written by Christian Korth and published by Springer Science & Business Media. This book was released on 2009-07-25 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on economic bargaining theory. Economic bargaining theory seeks to predict the outcomes of bargaining situations. In such situations, govern ments, ?rms, or individuals share a mutual interest in cooperation; however, they also have con?icting interests regarding the terms of an agreement. A classic ex ample of such a situation is wage bargaining between unions and employers. More commonplace examples also exist. For instance, a discussion between partners on how to spend an evening can be understood as a bargaining situation. Economic bargaining theory explores the relationship between bargaining situ ations and the outcomes of the bargaining. Economists have two primary reasons to show interest in this relationship. The ?rst reason is that many important human interactions, including economic interactions, are bargaining situations. The second reason is that the understanding of these situations may inform the economic theory of markets. The tool utilized in this study is the mathematical theory of games. Predictions for bargaining outcomes are developed by modeling the bargaining situation as a strategic game and using game theoretic equilibrium concepts in order to solve the game. In this approach, the speci?c identi?ed bargaining outcome depends on the assumptions underlying the model. The neoclassical and fundamental assumption is that of rational agents—called economic men—who strive to maximize their utility based on stable preferences.
Download or read book Household and Economy written by Marc Nerlove and published by Academic Press. This book was released on 2014-05-10 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book An Economic Analysis of Coalition Bargaining written by Robert Alexander McLean and published by . This book was released on 1976 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Descriptive Theories of Bargaining written by Gerald R. Uhlich and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is the presentation of two new descriptive theories for experimental bargaining games and a comparison with other descriptive and normative theories. To obtain data it was necessary to develop two sets of computer programs for computer controlled ex periments. Moreover, data obtained by other researchers, which are available to us will be included in this study. The use of laboratory experiments in economics was introduced by THURSTONE [1931] in the field of utility theory. CHAMBERLIN [1948] was the first person to establish an expe rimental market for the purpose of testing a theory. The first experiment on characteristic function games was done by KALISH, MILNOR, NASH, and NERING [1954]. Today the use of experiments in controlled laboratory settings has become widespread. Earlier, economists went into the field to observe phenomena as the behavior of individuals, corporations and nations in action, then they formulated theories to explain what they saw. But unlike natural scientists, economists have not been able to test their theories under controlled conditions. Now experimental economists are able to replicate their results. Replication is very proble matic for field studies, because rarely the same conditions can be established again. Moreover, experimenters are able to test theories for situations described by simplified models which are not observable in the real world.
Download or read book Strategic Foundations of General Equilibrium written by Douglas Gale and published by Cambridge University Press. This book was released on 2000-08-15 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of competition has held a central place in economic analysis since Adam Smith. This book, written by one of the most distinguished of contemporary economic theorists, reports on a major research program to provide strategic foundations for the theory of perfect competition. Beginning with a concise survey of how the theory of competition has evolved, Gale makes extensive and rigorous use of dynamic matching and bargaining models to provide a more complete description of how a competitive equlibrium is achieved. Whereas economists have made use of a macroscopic description of markets in which certain behavioral characteristics, such as price-taking behavior, are taken for granted, Gale uses game theory to re-evaluate this assumption, beginning with individual agents and modelling their strategic interaction. A strategic foundation for competitive equilibrium shows how such interaction leads to competitive, price-taking behavior. Essential reading for graduate courses in game theory and general equilibrium.
Download or read book A Reformulation and Empirical Analysis of Cross Economic Model of Bargaining written by James Barnet Dworkin and published by . This book was released on 1977 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Game theoretic Analysis of Transfer Price Negotiation Under Incomplete Information Conditions written by Yong-sik Hong and published by . This book was released on 1989 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Analysis for International Trade Negotiations written by James D. Gaisford and published by Edward Elgar Publishing. This book was released on 2001 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an analytical framework for examining economic issues which arise in international trade negotiations. This framework is developed using examples from current contentious issues in the international trade in agricultural products, including market access, subsidies, non-tariff barriers, health regulations, and biotechnology. There is special emphasis on the issue of genetically modified products. Material is accessible to readers with a solid grasp of basic economic principles. Of interest to academics specializing in international trade, international relations, agri-business, and international business. Gaisford teaches economics at the University of Calgary. Kerr teaches at the University of Saskatchewan. Annotation copyrighted by Book News Inc., Portland, OR
Download or read book Understanding the Process and Impacts of Price Bargaining and Contracting in High Tech Supply Chains A Combination of Empirical and Theoretical Analysis written by WEI ZHANG and published by . This book was released on 2015 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology advancements in high-tech industries have been the drivers for global economic growth and value creation over the past several decades. In these fast-moving and competitive markets, the process of pricing is complicated and its impacts are multifold. In my dissertation, I study three pricing-related phenomena observed in the semiconductor industry: non-monotonic price-quantity relationship, delayed agreement in negotiation, and price-flexibility-dependent purchase pattern. For each topic, I first analyze a large sales data set obtained from a major microprocessor company to establish the phenomenon, and then I build a theoretical model to explore the underlying rationale and to generate prescriptive insights.
Download or read book Economic Analysis of Bargaining Problems of Milk Cooperatives written by Thomas Gregory Stitts and published by . This book was released on 1937 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Strikes and Strike Threats in the Theory of Bargaining written by David Sapsford and published by . This book was released on 1978 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managerial Economics 5Th Ed written by William F.Samuelson and published by John Wiley & Sons. This book was released on 2008-08-08 with total page 918 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's highly competitive business environment, managers must be able to make increasingly more complex decisions. This book illustrates the central problems they face and provides the economic analysis needed to guide their decisions. This edition includes many revised applications and coverage of game theory, decision making under uncertainty, international topics, e-commerce, and the Internet.· Introduction to Economic Decision Making· Optimal Decisions Using Managerial Analysis· Demand Analysis and Optimal Pricing· Estimating Demand· Forecasting· Production· Cost Analysis· Decision Making Under Uncertainty· The Value of Information· Perfect Competition· Monopoly· Oligopoly· Game Theory and Competitive Strategy· Regulation, Public Goods, and Benefit-Cost Analysis· Asymmetric Information and Organizational Design· Bargaining and Negotiating· Auctions and Competitive Bidding· Linear Programming· Capital Budgeting
Download or read book An Econometric Analysis of the Price and Wage Behavior in Different Sectors of the U S Economy written by Sukhwinder Kaur Dhillon Bagi and published by . This book was released on 1987 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt:
