In order to incorporate recent developments in Bounded Rationality and Behavioral Economics into Choice Theory, we introduce the notion of an extended choice problem (A,f) where A is a set of alternatives and f is a frame. A frame consists of observable information that appears to be irrelevant...

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 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...