This chapter focuses on the noncooperative models of bargaining. John Nash's (1950) path- breaking paper introduces the bargaining problem, and his pioneering work on noncooperative bargaining theory was taken up again and developed by numerous authors. The target of such a noncooperative theory...

Frontmatter -- CONTENTS -- Permissions -- Foreword -- Contributor -- An Appreciation -- Contributor -- 1. Equilibrium Points in n-Person Games. PNAS 36 (1950) 48-49. -- 2. The Bargaining Problem. Econometrica 18 (1950) 155-162. -- 3. Non-Cooperative Games. Annals of Mathematics 54 (1951)...

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior....

This volume contains sixteen original articles documenting recent progress in understanding strategic behaviour. In their variety they reflect an entire spectrum of coexisting approaches: from orthodox game theory via behavioural game theory, bounded rationality and economic psychology to...