Osborune Martin J. - Bargaining and Markets.pdf

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134956303 UNPDF
Reprintedfrom“BargainingandMarkets”,ISBN0-12-528632-5,
Copyright1990,withpermissionfrom Elsevier .
Referencesupdatedanderrorscorrected.Version:2005-3-2.
BargainingandMarkets
 
Thisisavolumein
ECONOMICTHEORY,ECONOMETRICS,AND
MATHEMATICALECONOMICS
AseriesofMonographsandTextbooks
ConsultingEditor:KarlShell,CornellUniversity
Alistofrecenttitlesinthisseriesappearsattheendofthisvolume.
BargainingandMarkets
MartinJ.Osborne
DepartmentofEconomics
McMasterUniversity
Hamilton,Ontario
Canada
ArielRubinstein
DepartmentofEconomics
TelAvivUniversity
TelAviv,Israel
ACADEMICPRESS,INC.
HarcourtBraceJovanovich,Publishers
SanDiegoNewYorkBostonLondonSydneyTokyoToronto
134956303.001.png
Thisbookisprintedonacid-freepaper.
Copyrightc 1990byAcademicPress,Inc.
Allrightsreserved.
Nopartofthispublicationmaybereproducedortransmittedinanyformor
byanymeans,electronicormechanical,includingphotocopying,recording,or
anyinformationstorageandretrievalsystem,withoutpermissioninwriting
fromthepublisher.
AcademicPress,Inc.
SanDiego,California92101
UnitedKingdomEditionpublishedby
AcademicPressLimited
24–28OvalRoad,LondonNW17DX
LibraryofCongressCataloging-in-PublicationData
Osborne,MartinJ.
BargainingandMarkets/MartinJ.OsborneandArielRubinstein
p.cm.
Includesbibliographicalreferences.
ISBN0-12-528631-7(alk.paper).–ISBN0-12-528632-5(pbk.:alk.paper)
1.GameTheory.2.Negotiation.3.Capitalism.I.Rubinstein,Ariel.II.Title.
HB144.0731990
380.1–dc20
90-30644
CIP
PrintedintheUnitedStatesofAmerica
90919293987654321
Contents
Preface
ix
1. Introduction 1
1.1SomeBasicTerms 1
1.2OutlineoftheBook 3
Notes
6
Part1.BargainingTheory 7
2.TheAxiomaticApproach:Nash’sSolution 9
2.1BargainingProblems 9
2.2Nash’sAxioms 11
2.3Nash’sTheorem 13
2.4Applications 17
2.5IsAnyAxiomSuperfluous? 20
2.6ExtensionsoftheTheory 23
Notes
26
v

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