Fairness in Bargaining and Markets
Christian Korth
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Description for Fairness in Bargaining and Markets
Paperback. Focusing on the effects of social fairness norms on the interaction of market participants in bilateral bargaining situations, this contribution to behavioral economic research employs game theory as well as experiment to analyze how outcomes are affected. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 190 pages, biography. BIC Classification: KCC; KCH. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 10. Weight in Grams: 302.
This book focuses on economic bargaining theory. Economic bargaining theory seeks to predict the outcomes of bargaining situations. In such situations, govern ments, ?rms, or individuals share a mutual interest in cooperation; however, they also have con?icting interests regarding the terms of an agreement. A classic ex ample of such a situation is wage bargaining between unions and employers. More commonplace examples also exist. For instance, a discussion between partners on how to spend an evening can be understood as a bargaining situation. Economic bargaining theory explores the relationship between bargaining situ ations and the outcomes of the bargaining. Economists ... Read more
This book focuses on economic bargaining theory. Economic bargaining theory seeks to predict the outcomes of bargaining situations. In such situations, govern ments, ?rms, or individuals share a mutual interest in cooperation; however, they also have con?icting interests regarding the terms of an agreement. A classic ex ample of such a situation is wage bargaining between unions and employers. More commonplace examples also exist. For instance, a discussion between partners on how to spend an evening can be understood as a bargaining situation. Economic bargaining theory explores the relationship between bargaining situ ations and the outcomes of the bargaining. Economists ... Read more
Product Details
Format
Paperback
Publication date
2009
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
190
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
175
Place of Publication
Berlin, Germany
ISBN
9783642022524
SKU
V9783642022524
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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