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bargaining theory

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  • Bargaining — For other uses, see Bargaining (disambiguation). Dicker redirects here. For the surname, see Dicker (surname). Dickering redirects here. For the wapentake of the historic East Riding of Yorkshire, see Dickering (wapentake). Bargaining or haggling …   Wikipedia

  • Bargaining problem — The two person bargaining problem is a problem of understanding how two agents should cooperate when non cooperation leads to Pareto inefficient results. It is in essence an equilibrium selection problem; Many games have multiple equilibria with… …   Wikipedia

  • Bargaining Problem — The two person bargaining problem is a problem of understanding how two agents should cooperate when non cooperation leads to Pareto inefficient results. It is in essence an equilibrium selection problem. Many games have multiple equilibria with… …   Wikipedia

  • Bargaining power — is a concept related to the relative abilities of parties in a situation to exert influence over each other. If both parties are on an equal footing in a debate, then they will have equal bargaining power, such as in a perfectly competitive… …   Wikipedia

  • Theory of the firm — The theory of the firm consists of a number of economic theories that describe the nature of the firm, company, or corporation, including its existence, behavior, structure, and relationship to the market.[1] Contents 1 Overview 2 Background …   Wikipedia

  • wage theory — ▪ economics       portion of economic theory that attempts to explain the determination of the payment of labour.       A brief treatment of wage theory follows. For full treatment, see wage and salary.       The subsistence theory of wages,… …   Universalium

  • Deterrence theory — This article is about deterrent theories of punishment. For legal theory of justice, see Deterrence (legal). Deterrence theory gained increased prominence as a military strategy during the Cold War with regard to the use of nuclear weapons, and… …   Wikipedia

  • Nash bargaining game — The Nash bargaining game is a simple two player game used to model bargaining interactions. In the Nash Bargaining Game two players demand a portion of some good (usually some amount of money). If the two proposals sum to no more than the total… …   Wikipedia

  • Collective bargaining — is a process of negotiations between employers and the representatives of a unit of employees aimed at reaching agreements that regulate working conditions. Collective agreements usually set out wage scales, working hours, training, health and… …   Wikipedia

  • Game theory — is a branch of applied mathematics that is used in the social sciences (most notably economics), biology, engineering, political science, computer science (mainly for artificial intelligence), and philosophy. Game theory attempts to… …   Wikipedia

  • distribution theory — ▪ economics Introduction       in economics, the systematic attempt to account for the sharing of the national income among the owners of the factors of production land, labour, and capital. Traditionally, economists have studied how the costs of …   Universalium

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