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Theories of the Bargaining Process
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Theories of the Bargaining Process

Book Details

Format Paperback / Softback
ISBN-10 0415607450
ISBN-13 9780415607452
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Oct 19th, 2010
Print length 126 Pages
Weight 170 grams
Dimensions 13.70 x 21.60 x 1.20 cms
Product Classification: Economics
Ksh 8,800.00
Werezi Extended Catalogue 0 in stock

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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. The framework focuses on the dynamic of the bargaining process, which is in contrast to much previous theoretical work on the subject, and most notably to the approaches stemming from game theory.

Chapters include:

* Decision-Making and Expectations in Theories of Bargaining
* Decision-Making and Expectations in a Game Theory Model
* Limitations of the Environment Concept
* Game Theory as a Basis for a Theory of Bargaining
* The Decision/Expectation/adjustment Approach
* The Adjustment Process
* Direct Interdependence and the Consistency of Decisions

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