
Bargaining and Markets
Author(s): Martin J. Osborne (Editor), Ariel Rubinstein
- Publisher: Academic Press Inc
- Publication Date: 1 May 1990
- Language: English
- Print length: 236 pages
- ISBN-10: 0125286325
- ISBN-13: 9780125286329
Book Description
The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses the developments in this theory. It uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly, and also applies the theory of bargaining to the study of decentralized markets.
Editorial Reviews
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
--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
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