Business & Economics Books:

Equity, Efficiency and Evolutionary Stability in Bargaining Games with Joint Production

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Description

The book reports experimental studies and a theoretical investigation of non-cooperative bargaining games with joint production. Such games have rarely been studied within laboratory experiments despite being more general and more natural than bargaining without production. It is shown that equity theory is a good predictor of subjects' behavior. Furthermore subjects exhibit different equity notions. One chapter addresses problems of statistical data analysis that are specific to experiments. Applying evolutionary game theory within a model of bargaining with production it is shown theoretically that altruistic preferences, which generate moderate bargaining behavior, can survive the process of evolution.
Release date NZ
March 6th, 2000
Audiences
  • General (US: Trade)
  • Postgraduate, Research & Scholarly
  • Undergraduate
Edition
Softcover reprint of the original 1st ed. 2000
Illustrations
XII, 197 p.
Pages
197
Dimensions
156x234x11
ISBN-13
9783540669555
Product ID
5805270

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