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Why Fairness? Facial Expressions, Evolutionary Psychology, and the Emergence of Fairness in Simple Bargaining Games

Eckel, Catherine; Wilson, Rick K. - 1999

"One of the successes in contemporary social science is the development and proliferation of game theory. For a wide … range of phenomena, game theory produces enormous insight into the strategic interaction of individuals. Its greatest power …, information aggregation or when confronting large-scale social dilemmas. However, as Ostrom (1998) reminds us, game theory also …

Persistent link: https://www.econbiz.de/10009468443

APPLICATIONS OF GAME THEORY TO ECONOMICS

OWEN, GUILLERMO - In: International Game Theory Review (IGTR) 15 (2013) 03, pp. 1340011-1

We look at the basic applications of cooperative game theory to economic situations. These include bargaining and …

Persistent link: https://www.econbiz.de/10010883241

An Experimental Test of Rubinstein's Theory of Bargaining

Neelin, Janet; Sonnenschein, Hugo; Spiegel, Matthew - Industrial Relations Section, Department of Economics - 1986

Persistent link: https://www.econbiz.de/10010928466

Unrestricted Bargaining Under One-sided Asymmetric Information.

Nosal, E.; Sadanand, V. - 1990

Persistent link: https://www.econbiz.de/10005207731

Selling Procedures with Private Information and Common Values

John H. Lindsey, II; Samuelson, William; Zeckhauser, Richard - In: Management Science 42 (1996) 2, pp. 220-231

The seller posted-price procedure is probably the most common method for making transactions in modern economies. We analyze the performance of posted pricing for transactions having significant common-value elements. In a model of two-sided private information, we characterize the fully...

Persistent link: https://www.econbiz.de/10009218220

Coalition formation and bargaining power: theory and application to international negotiations on public goods

Caparrós, Alejandro; Péreau, Jean-Cristophe - Instituto de Políticas y Bienes Públicos (IPP), … - 2010

This paper studies the role of bargaining power in coalition formation when two groups of substantially different agents negotiate over a public good with positive or negative spillovers. Both types of agent are allowed to form coalitions before the negotiations start. The forming of coalitions...

Persistent link: https://www.econbiz.de/10009399048