Theories of the bargaining process / Alan Coddington.

Originally published in 1968.

Includes bibliographical references and index.

Front Cover; Theories of the Bargaining Process; Copyright Page; Forewordby Professor G.L.S. Shackle; Contents; Preface; I: The General Framework; 1. Introduction; 2. The Concept of an Economic Environment; 3. A Bargaining Situation; 4. Formalisation; 5. Indeterminacy; 6. Expectations; 7. General Workings of the Model; Mathematical Appendix; 1. Notation; 2. Utility Maximisation; 3. Dynamics; II: A Brief Survey of Bargaining Theory; 1. Introduction; 2. Existing Theories; III: Closed Loops; 1. Cross's Assumptions; 2. Representation of the Model; 3. Closed Loop Models.

IV: The Relationship Between Decision-Making and Expectations1. Introduction; 2. The Question of Consistency; 3. Decision-Making and Expectations in Theories ofBargaining; 4. Decision-Making and Expectations in a GameTheory Model; 5. Limitations of the Environment Concept; V: Different Approaches to a Theory ofBargaining; 1. Introduction; 2. Game Theory as a Basis for a Theory of Bargaining; 3. The Decision/Expectation/Adjustment Approach; VI: Further Developments; 1. Introduction; 2. A Non-linear Assumption; 3. The Adjustment Process; 4. Direct Interdependence and the Consistency ofDecisions.

5. An Illustrative ModelBibliography; Index.

The rise of game theory has made bargaining one of the core issues in economic theory. Written at a theoretical and conceptual level, the book develops a framework for the analysis of bargaining processes. The framework focuses on the dynamic of the bargaining process, which is in contrast to much previous theoretical work on the subject, and most notably to the approaches stemming from game theory. Chapters include:* Decision-Making and Expectations in Theories of Bargaining* Decision-Making and Expectations in a Game Theory Model* Limitations of the Environment Concep.

English.

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