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Axiomatic Bargaining Game Theory

Produktform: E-Buch Text Elektronisches Buch in proprietärem

Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached. Such a model is called a , and a prescription assigning an alternative to each bargaining game is called a . In the cooperative game-theoretical approach, bargaining solutions are mathematically characterized by desirable properties, usually called axioms. In the noncooperative approach, solutions are derived as equilibria of strategic models describing an underlying bargaining procedure. provides the reader with an up-to-date survey of cooperative, axiomatic models of bargaining, starting with Nash's seminal paper, . It presents an overview of the main results in this area during the past four decades. provides a chapter on noncooperative models of bargaining, in particular on those models leading to bargaining solutions that also result from the axiomatic approach. The main existing axiomatizations of solutions for games are included, as well as an auxiliary chapter on the relevant demands from utility theory. weiterlesen

Elektronisches Format: PDF

Sprache(n): Englisch

ISBN: 978- / 978-9401580229 / 9789401580229

Verlag: Springer Netherland

Erscheinungsdatum: 17.04.2013

Seiten: 242

Autor(en): H.J. Peters

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