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Bargaining and Markets (Economic Theory, Econometrics, and Mathematical Economics) (Economic Theory, Econometrics, and Mathemat

Posted By: lengen
Bargaining and Markets (Economic Theory, Econometrics, and Mathematical Economics) (Economic Theory, Econometrics, and Mathemat

Bargaining and Markets (Economic Theory, Econometrics, and Mathematical Economics) (Economic Theory, Econometrics, and Mathematical Economics) by Ariel Rubinstein
English | Apr. 28, 1990 | ISBN: 0125286325 | 228 Pages | PDF | 2 MB

The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses the developments in this theory. It uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly, and also applies the theory of bargaining to the study of decentralized markets.
This is the only book that presents the modern strategic theory of bargaining in detail and describes, in a consistent framework, a number of recent applications of this theory to the study of markets.Bargaining and Marketsdiscusses two recent developments: the use of the tool of extensive games to construct theories of bargaining in which time is modeled explicitly and the application of this theory to the study of decentralized markets. Written by two of today's leading economic game theorists, this book will serve as a textbook for courses in bargaining and markets and as a supplemental text for graduate-level courses in game theory or bargaining.