Two-Person Bargaining Experiments with Incomplete Information (Lecture Notes in Economics and Mathematical Systems, 412) - Softcover

Kuon, Bettina

 
9783540579205: Two-Person Bargaining Experiments with Incomplete Information (Lecture Notes in Economics and Mathematical Systems, 412)

Synopsis

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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9780387579207: Two-Person Bargaining Experiments With Incomplete Information (Lecture Notes in Economics & Mathematical Systems)

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ISBN 10:  0387579206 ISBN 13:  9780387579207
Softcover