Includes bibliographical references (pages 345-353) and index.
CONTENTS NOTE
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1. Preliminaries -- 2. The Nash Bargaining Solution -- 3. The Rubinstein Model -- 4. Risk of Breakdown -- 5. Outside Options -- 6. Inside Options -- 7. Procedures -- 8. Commitment Tactics -- 9. Asymmetric Information.
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10. Repeated Bargaining Situations -- 11. Envoi.
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SUMMARY OR ABSTRACT
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The first unified and systematic treatment of the modern theory of bargaining, presented together with many examples of how that theory is applied in a variety of bargaining situations. Abhinay Muthoo provides a masterful synthesis of the fundamental results and insights obtained from the wide-ranging and diverse (game-theoretic) bargaining theory literature. Furthermore, he develops new analyses and results, especially on the relative impacts of two or more forces on the bargaining outcome. Many topics - such as inside options, commitment tactics and repeated bargaining situations - receive their most extensive treatment to date. In the concluding chapter, he offers pointers towards future research. Bargaining Theory with Applications is a textbook for graduate students in economic theory and other social sciences and a research resource for scholars interested in bargaining situations.