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, 2008 This article is a survey on bargaining theory. The focus is the game theoretic approach to bargaining, both on its axiomatic and strategic counterparts. The application of bargaining theory to large markets and its connections with competitive allocations are also discussed.
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Bargaining and Bargaining Games
2020In this chapter, after specifying the bargaining problem a la Nash (1950), the Rubinstein game and its subgame-perfect Nash equilibrium are presented. The equilibrium is determined (1) by the shrinking of the cake to be distributed among the two players and (2) by how the shrinking is evaluated by the players.
Manfred J. Holler, Barbara Klose-Ullmann
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Public Choice, 2011 Government by majority rule voting is a mixture of voting and bargaining. Bargaining among people with moderately different objectives is indispensable for the passage of laws and the formation of public policy. Little of the nation’s business could be transacted without an ability on the part of the legislators and members of political parties to ...
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Bargaining power in crisis bargaining
Review of Economic Design, 2023zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Management Science, 2015
A retailer’s assortment decision results from a process of give-and-take, during which the retailer may bid manufacturers against one another, and the terms of trade offer plenty of flexibility for allocating the profit among the retailer and manufacturers. We adopt a bargaining framework to capture such an assortment selection process. We investigate
Göker Aydin, H. Sebastian Heese
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A retailer’s assortment decision results from a process of give-and-take, during which the retailer may bid manufacturers against one another, and the terms of trade offer plenty of flexibility for allocating the profit among the retailer and manufacturers. We adopt a bargaining framework to capture such an assortment selection process. We investigate
Göker Aydin, H. Sebastian Heese
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The American Naturalist, 2022
AbstractThis article proposes an evolutionary game theoretical model in which individuals negotiate to reach a compromise settlement on who takes the dominant role in a dominant-subordinate relationship. The negotiation process is formalized by bargaining theory in economics, which makes our model different from alternative models on the formation of ...
Jiabin, Wu, Xiao, Yi
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AbstractThis article proposes an evolutionary game theoretical model in which individuals negotiate to reach a compromise settlement on who takes the dominant role in a dominant-subordinate relationship. The negotiation process is formalized by bargaining theory in economics, which makes our model different from alternative models on the formation of ...
Jiabin, Wu, Xiao, Yi
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PLEA BARGAINING Bargain Justice?
Criminology, 1976Abstract An historical overview of the plea bargaining process through the past few centuries is presented. The advantages and disadvantages of the use of the legal mechanism are given. A research project conducted in Pima County, Arizona, covering 500 convicted persons who had been involved in plea bargaining is described, and the findings indicate ...
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Journal of Conflict Resolution, 1989
The problem of specifying the empirical conditions of, and prescriptive guidelines for, conflict resolution in deeply divided societies such as South Africa presents a challenge to both political theorists and public policy makers. The aim of this article is to assess the prospects for conflict resolution in South Africa by evaluating two divergent ...
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The problem of specifying the empirical conditions of, and prescriptive guidelines for, conflict resolution in deeply divided societies such as South Africa presents a challenge to both political theorists and public policy makers. The aim of this article is to assess the prospects for conflict resolution in South Africa by evaluating two divergent ...
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Games and Economic Behavior, 2002
Given any two-person economy, we consider a simple alternating-offer bargaining game with complete information where the agents offer prices. We provide conditions under which the outcomes of all stationary subgame-perfect equilibria converge to the Walrasian equilibrium (the price and the allocation) as the agents become infinitely patient ...
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Given any two-person economy, we consider a simple alternating-offer bargaining game with complete information where the agents offer prices. We provide conditions under which the outcomes of all stationary subgame-perfect equilibria converge to the Walrasian equilibrium (the price and the allocation) as the agents become infinitely patient ...
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International Journal of Industrial Organization, 2007 When buyers choose the order in which they bargain with suppliers of known characteristics, prices are determined jointly by bargaining power and competitive intensity (the outside option to bargain with rival suppliers). Bargaining power becomes less important to the outcome as competition intensifies; prices fall to marginal cost in the limit.
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