- A-Z
- Jena Economic Resea...
- Volume 5
- Bargaining and Nego...
- Abgebildete Person
- Erschienen
- 4. März 2011
- Nummer des Discussion-Papers
-
2011-012
- Schlagwort(e)
-
(non-)cooperative game theory
(un)bounded rationality
bargaining and negotiation (theory and experiments)
- Zusammenfsg.
-
A long time ago most economists would have limited themselves to stating that agreements should be individually rational and efficient and that selecting a specific agreement from that set depends on bargaining and negotiation power whatever that may be. Nowadays hardly any economist will argue that way. The change has been brought about by the strategic approach to bargaining and cooperation and the parallel experimental studies of bargaining and negotiation. When arguing what should be explored more thoroughly, we will point out directions where previous efforts may have been misdirected, where importing new methods may be helpful or even needed, and where new research questions need to be asked and answered.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- C90 - General ; C92 - Laboratory, Group Behavior ; C93 - Field Experiments ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D64 - Altruism ; D71 - Social Choice; Clubs; Committees; Associations ; D74 - Conflict; Conflict Resolution; Alliances