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portada two-person bargaining experiments with incomplete information
Type
Physical Book
Publisher
Year
1994
Language
English
Pages
293
Format
Paperback
Dimensions
23.4x15.6x1.7 cm
Weight
0.44 kg.
ISBN
3540579206
ISBN13
9783540579205

two-person bargaining experiments with incomplete information

Bettina Kuon (Author) · Springer · Paperback

two-person bargaining experiments with incomplete information - Kuon, Bettina

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Synopsis "two-person bargaining experiments with incomplete information"

Think of the following situation: A project yielding a gross profit of 100 is offered to two firms. The project can only be conducted by a cooperation of the two firms. No firm is able to conduct the project alone. In order to receive the project the firms have to agree on the allocation of the gross profit. Each of both firms has an alternative project it conducts in case the joint project is not realized. The profitability of an allocation of the joint gross profit for a firm depends on the gross profit from its alternative project. The gross profit from an alternative project can be either 0 (low alternative value) or O

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