The rise of game theory has made bargaining one of the core issues in economic theory. Written at a theoretical and conceptual level, the book develops a framework for the analysis of bargaining processes.
The rise of game theory has made bargaining one of the core issues in economic theory. Written at a theoretical and conceptual level, the book develops a framework for the analysis of bargaining processes.
FOREWORD BY PROFESSOR G. L. S. SHACKLE PREFACE I THE GENERAL FRAMEWORK 1. Introduction 2. The Concept of an Economic Environment 3. A Bargaining Situation 4. Formalisation 5. Indeterminacy 6. Expectations 7. General Workings of the Model MATHEMATICAL APPENDIX 1. Notation 2. Utility Maximisation 3. Dynamics II A BRIEF SURVEY OF BARGAINING THEORY 1. Introduction 2. Existing Theories III CLOSED LOOPS 1. Cross's Assumptions 2. Representations of the Model 3. Closed Loop Models IV THE RELATIONSHIP BETWEEN DECISION-MAKING & EXPECTATIONS 1. Introduction 2. The Question of Consistency 3. Decision-Making and Expectations in Theories of Bargaining 4. Decision-Making and Expectations in a Game Theory Model 5. Limitations of the Environment Concept V DIFFERENT APPROACHES TO A THEORY OF BARGAINING 1. Introduction 2. Game Theory as a basis for a Theory of Bargaining 3. The Decision/Expectation/Adjustment Approach VI FURTHER DEVELOPMENTS 1. Introduction 2. A Non-Linear Assumption 3. The Adjustment Process 4. Direct Interdependence and the Consistency of Decisions 5. An Illustrative Model
FOREWORD BY PROFESSOR G. L. S. SHACKLE PREFACE I THE GENERAL FRAMEWORK 1. Introduction 2. The Concept of an Economic Environment 3. A Bargaining Situation 4. Formalisation 5. Indeterminacy 6. Expectations 7. General Workings of the Model MATHEMATICAL APPENDIX 1. Notation 2. Utility Maximisation 3. Dynamics II A BRIEF SURVEY OF BARGAINING THEORY 1. Introduction 2. Existing Theories III CLOSED LOOPS 1. Cross's Assumptions 2. Representations of the Model 3. Closed Loop Models IV THE RELATIONSHIP BETWEEN DECISION-MAKING & EXPECTATIONS 1. Introduction 2. The Question of Consistency 3. Decision-Making and Expectations in Theories of Bargaining 4. Decision-Making and Expectations in a Game Theory Model 5. Limitations of the Environment Concept V DIFFERENT APPROACHES TO A THEORY OF BARGAINING 1. Introduction 2. Game Theory as a basis for a Theory of Bargaining 3. The Decision/Expectation/Adjustment Approach VI FURTHER DEVELOPMENTS 1. Introduction 2. A Non-Linear Assumption 3. The Adjustment Process 4. Direct Interdependence and the Consistency of Decisions 5. An Illustrative Model
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