Axiomatic Models of Bargaining - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Axiomatic Models of Bargaining write by A.E. Roth. This book was released on 2012-12-06. Axiomatic Models of Bargaining available in PDF, EPUB and Kindle. The problem to be considered here is the one faced by bargainers who must reach a consensus--i.e., a unanimous decision. Specifically, we will be consid ering n-person games in which there is a set of feasible alternatives, any one of which can be the outcome of bargaining if it is agreed to by all the bargainers. In the event that no unanimous agreement is reached, some pre-specified disagree ment outcome will be the result. Thus, in games of this type, each player has a veto over any alternative other than the disagreement outcome. There are several reasons for studying games of this type. First, many negotiating situations, particularly those involving only two bargainers (i.e., when n = 2), are conducted under essentially these rules. Also, bargaining games of this type often occur as components of more complex processes. In addi tion, the simplicity of bargaining games makes them an excellent vehicle for studying the effect of any assumptions which are made in their analysis. The effect of many of the assumptions which are made in the analysis of more complex cooperative games can more easily be discerned in studying bargaining games. The various models of bargaining considered here will be studied axioma- cally. That is, each model will be studied by specifying a set of properties which serve to characterize it uniquely.
Axiomatic Models of Bargaining
Axiomatic Models of Bargaining - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Axiomatic Models of Bargaining write by A.E. Roth. This book was released on 1979-10. Axiomatic Models of Bargaining available in PDF, EPUB and Kindle. The problem to be considered here is the one faced by bargainers who must reach a consensus--i.e., a unanimous decision. Specifically, we will be consid ering n-person games in which there is a set of feasible alternatives, any one of which can be the outcome of bargaining if it is agreed to by all the bargainers. In the event that no unanimous agreement is reached, some pre-specified disagree ment outcome will be the result. Thus, in games of this type, each player has a veto over any alternative other than the disagreement outcome. There are several reasons for studying games of this type. First, many negotiating situations, particularly those involving only two bargainers (i.e., when n = 2), are conducted under essentially these rules. Also, bargaining games of this type often occur as components of more complex processes. In addi tion, the simplicity of bargaining games makes them an excellent vehicle for studying the effect of any assumptions which are made in their analysis. The effect of many of the assumptions which are made in the analysis of more complex cooperative games can more easily be discerned in studying bargaining games. The various models of bargaining considered here will be studied axioma- cally. That is, each model will be studied by specifying a set of properties which serve to characterize it uniquely.
Axiomatic Bargaining Game Theory
Axiomatic Bargaining Game Theory - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Axiomatic Bargaining Game Theory write by H.J. Peters. This book was released on 2013-04-17. Axiomatic Bargaining Game Theory available in PDF, EPUB and Kindle. Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a bargaining game, and a prescription assigning an alternative to each bargaining game is called a bargaining solution. In the cooperative game-theoretical approach, bargaining solutions are mathematically characterized by desirable properties, usually called axioms. In the noncooperative approach, solutions are derived as equilibria of strategic models describing an underlying bargaining procedure. Axiomatic Bargaining Game Theory provides the reader with an up-to-date survey of cooperative, axiomatic models of bargaining, starting with Nash's seminal paper, The Bargaining Problem. It presents an overview of the main results in this area during the past four decades. Axiomatic Bargaining Game Theory provides a chapter on noncooperative models of bargaining, in particular on those models leading to bargaining solutions that also result from the axiomatic approach. The main existing axiomatizations of solutions for coalitional bargaining games are included, as well as an auxiliary chapter on the relevant demands from utility theory.
Game-Theoretic Models of Bargaining
Game-Theoretic Models of Bargaining - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Game-Theoretic Models of Bargaining write by Alvin E. Roth. This book was released on 1985-11-29. Game-Theoretic Models of Bargaining available in PDF, EPUB and Kindle. This book provides a comprehensive picture of the new developments in bargaining theory.
Axiomatic Models of Bargaining
Axiomatic Models of Bargaining - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Axiomatic Models of Bargaining write by Alvin E. Roth. This book was released on 1979. Axiomatic Models of Bargaining available in PDF, EPUB and Kindle.
