Bargaining and Markets

by Martin J. Osborne and Ariel Rubinstein

The formal theory of bargaining originated with John Nash's work in the early 1950s. This book discusses the developments in this theory. It uses the tool of extensive games to construct theories of bargaining in which time is modeled explicitly, and also applies the theory of bargaining to the study of decentralized markets.

• Format: Hardcover
• Language: English
• ISBN: 0125286325
• ISBN13: 9780125286329
• Release Date: April 1990
• Publisher: Academic Press
• Length: 236 Pages
• Weight: 0.85 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"