Bargaining theory with applications /

Muthoo, Abhinay.

Bargaining theory with applications / Abhinay Muthoo. - New York : Cambridge University Press, c1999. - xv, 357 p. : ill. ; 26 cm.

The first unified and systematic treatment of the modern theory of bargaining, presented together with many examples of how that theory is applied in a variety of bargaining situations. Abhinay Muthoo provides a masterful synthesis of the fundamental results and insights obtained from the wide-ranging and diverse (game-theoretic) bargaining theory literature. Furthermore, he develops new analyses and results, especially on the relative impacts of two or more forces on the bargaining outcome. Many topics - such as inside options, commitment tactics and repeated bargaining situations - receive their most extensive treatment to date. In the concluding chapter, he offers pointers towards future research. Bargaining Theory with Applications is a textbook for graduate students in economic theory and other social sciences and a research resource for scholars interested in bargaining situations.

Includes bibliographical references (p. [345]-353) and index.

Preface; 1. Preliminaries; 2. The Nash bargaining solution; 3. The Rubinstein model; 4. Risk of breakdown; 5. Outside options; 6. Inside options; 7. Procedures; 8. Commitment tactics; 9. Asymmetric information; 10. Repeated bargaining situations; 11. Envoi; References.

9780521576475 0521572258 0521576474 (pbk.)


Negotiation in business.
Game theory.

658.405 / MUT

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