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Equity, Efficiency and Evolutionary Stability in Bargaining Games with Joint Production (Paperback, Softcover reprint of the original 1st ed. 2000) Loot Price: R1,498
Discovery Miles 14 980
Equity, Efficiency and Evolutionary Stability in Bargaining Games with Joint Production (Paperback, Softcover reprint of the...

Equity, Efficiency and Evolutionary Stability in Bargaining Games with Joint Production (Paperback, Softcover reprint of the original 1st ed. 2000)

Manfred Koenigstein

Series: Lecture Notes in Economics and Mathematical Systems, 483

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Loot Price R1,498 Discovery Miles 14 980 | Repayment Terms: R140 pm x 12*

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The book reports experimental studies and a theoretical investigation of non-cooperative bargaining games with joint production. Such games have rarely been studied within laboratory experiments despite being more general and more natural than bargaining without production. It is shown that equity theory is a good predictor of subjects' behavior. Furthermore subjects exhibit different equity notions. One chapter addresses problems of statistical data analysis that are specific to experiments. Applying evolutionary game theory within a model of bargaining with production it is shown theoretically that altruistic preferences, which generate moderate bargaining behavior, can survive the process of evolution.

General

Imprint: Springer-Verlag
Country of origin: Germany
Series: Lecture Notes in Economics and Mathematical Systems, 483
Release date: March 2000
First published: 2000
Authors: Manfred Koenigstein
Dimensions: 235 x 155 x 11mm (L x W x T)
Format: Paperback
Pages: 197
Edition: Softcover reprint of the original 1st ed. 2000
ISBN-13: 978-3-540-66955-5
Categories: Books > Business & Economics > Economics > Econometrics > General
Books > Science & Mathematics > Mathematics > Optimization > Game theory
Books > Science & Mathematics > Mathematics > Applied mathematics > General
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LSN: 3-540-66955-8
Barcode: 9783540669555

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