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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 of bargaining is to find theoretical predictions of what agreement, if any …
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I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making...
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"Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and...
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