Bargaining and Markets Contributor(s): Osborne, Martin J. (Author), Rubinstein, Ariel (Author) |
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ISBN: 0125286325 ISBN-13: 9780125286329 Publisher: Emerald Group Publishing OUR PRICE: $122.54 Product Type: Hardcover - Other Formats Published: April 1990 Annotation: 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. Key Features * Uses a small number of models, rather than a survey of the field, to illustrate key points * Detailed proofs are given as explanations for the models * Text has been class-tested in a semester-long graduate course |
Additional Information |
BISAC Categories: - Business & Economics | Commerce - Business & Economics | Economics - General |
Dewey: 380.1 |
LCCN: 90030644 |
Series: Economic Theory, Econometrics, and Mathematical Economics |
Physical Information: 0.8" H x 6.12" W x 9.2" (1.08 lbs) 236 pages |
Descriptions, Reviews, Etc. |
Publisher Description: 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. |