This paper extends the Stahl-Rubinstein model of bilateral bargaining to incorporate many players and multidimensional issue spaces. A central feature of our framework is that in each round of negotiations, a proposer is selected randomly. Our bargaining model consists of a sequence of...

This paper studies the incentives facing Potentially Responsible Parties at a hazardous waste site to promote excessive investigation of the site and thus postpone the beginning of the remediation phase of the cleanup. We model the problem as an incomplete information, simultaneous-move game...

This paper investigates optimal strategies of a closed-loop supply chain (CLSC) with dual recycling channel, within which the manufacturer sells products via the retailer in the forward supply chain, while the retailer and the third party competitively collect used products in the reverse supply...

A redistribution system has two main attributes: 1. The greater the deviation of the payout of players from their performance, the greater the decline in the performance of the system. 2. The cause of this deviation is the formation of coalitions that treat their members preferentially and...

Analysis of the process of negotiations in redistribution systems shows two things: a) The negotiations process converges towards discriminatory balances, which are unstable. b) Which discriminating coalition will form can be decided by even a slight external influence, if it is not offset by...

States often create international institutions that impose legally binding rules on member states, and then do not even attempt to enforce these rules. Why? In this article, we present a game-theoretic model of moribund hard law in international institutions. We show that if some states face...

This comprehensive textbook introduces readers to the principal ideas and applications of game theory, in a style that combines rigor with accessibility. Steven Tadelis begins with a concise description of rational decision making, and goes on to discuss strategic and extensive form games with...