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

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


The formal idea of bargaining originated with John Nash's paintings within the early Nineteen Fifties. This publication discusses the advancements during this concept. It makes use of the software of in depth video games to build theories of bargaining during which time is modeled explicitly, and in addition applies the speculation of bargaining to the research of decentralized markets.

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