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Theories of the Bargaining Process (Hardcover, New edition)
Loot Price: R5,973
Discovery Miles 59 730
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Theories of the Bargaining Process (Hardcover, New edition)
Expected to ship within 12 - 17 working days
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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,
this 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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