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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...
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This chapter is a very compressed review of the neoclassical orthodoxy on the nature of rationality on economic theory. It defends the orthodoxy both against the behavioral criticism that it assumes too much and the revisionist view that it assumes too little. In places, especially on the...
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This lecture is a brief overview of an evolutionary theory of fairness. The ideasare fleshed out in a book Natural Justice, which is itself a condensed versionof an earlier two-volume book Game Theory and the Social Contract (Binmore[14, 12, 13])...
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