Bargaining and Markets (Economic Theory, Econometrics, and Mathematical Economics)

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9780125286329: Bargaining and Markets (Economic Theory, Econometrics, and Mathematical Economics)

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

"synopsis" may belong to another edition of this title.

Review:

"This is a well written book on an important topic. Everyone should run out and buy a copy."
--GAMES AND ECONOMIC BEHAVIOR
"Osborne and Rubenstein's authoritative book represents a landmark in the evolution of bargaining theory. Future research in the field will undoubtedly take the ideas presented in this book as a starting point. Accordingly, it should be read and digested by anyone with a serious interest in formal models of the bargaining process."
--CANADIAN JOURNAL OF ECONOMICS

"About this title" may belong to another edition of this title.

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Book Description Emerald Group Publishing. Hardcover. Book Condition: New. Hardcover. 232 pages. Dimensions: 8.7in. x 5.8in. x 0.5in.The formal theory of bargaining originated with John Nashs 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. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Hardcover. Bookseller Inventory # 9780125286329

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Osborne, Martin J.; Rubinstein, Ariel
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Book Description Emerald Publishing Limited, United Kingdom, 1990. Hardback. Book Condition: New. 221 x 147 mm. Language: English . Brand New Book ***** Print on Demand *****.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. Bookseller Inventory # APC9780125286329

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