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.
It uses a small number of models, rather than a survey of the field, to illustrate key points, and includes detailed proofs given as explanations for the models. The text has been class-tested in a semester-long graduate course.
| ISBN: | 9780125286329 |
| Publication date: | 28th April 1990 |
| Author: | Martin J Osborne |
| Publisher: | Academic Press Inc an imprint of Emerald Publishing Limited |
| Format: | Hardback |
| Pagination: | 236 pages |
| Series: | Economic Theory, Econometrics, and Mathematical Economics |
| Genres: |
Industry and industrial studies |
The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses two recent developments in this theory.
Bargaining and Markets features in the following genres: Industry and industrial studies
Hardback. Not Available.
Bargaining and Markets was written by Martin J Osborne and published by Academic Press Inc an imprint of Emerald Publishing Limited
Bargaining and Markets has 236 pages
Yes it is part of Economic Theory, Econometrics, and Mathematical Economics series