Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Bargaining and Markets

Bargaining and Markets

Osborne, Martin J.
Rubinstein, Ariel

Hardcover

Series: Economic Theory, Econometrics, and Mathematical Economics

Business GeneralEconomics

ISBN10: 0125286325
ISBN13: 9780125286329
Publisher: Emerald Pub Ltd
Published: Apr 28 1990
Pages: 236
Weight: 1.08
Height: 0.80 Width: 6.12 Depth: 9.20
Language: English
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.

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