Advances In Negotiation Theory [electronic resource] : Bargaining, Coalitions, And Fairness / Carraro, Carlo

By: Carraro, CarloContributor(s): Carraro, Carlo | Marchiori, Carmen | Sgobbi, AlessandraMaterial type: TextTextPublication details: Washington, D.C., The World Bank, 2005Description: 1 online resource (55 p.)Subject(s): Bargaining | Bargaining Power | Economic Theory and Research | Economics | Effects | Efficiency | Environment | Environmental Economics and Policies | Equity | Externalities | Finance | Game Theory | Incentives | Information | Labor Policies | Macroeconomics and Economic Growth | Management | Multiple Equilibrian | Outcomes | Political Arena | Prices | Security | Social Protections and Labor | Supply | Theory | ValueAdditional physical formats: Carraro, Carlo.: Advances In Negotiation Theory.Online resources: Click here to access online Abstract: Bargaining is ubiquitous in real life. It is a major dimension of political and business activities. It appears at the international level, when governments negotiate on matters ranging from economic issues (such as the removal of trade barriers), to global security (such as fighting against terrorism) to environmental and related issues (such as climate change control). What factors determine the outcomes of such negotiations? What strategies can help reach an agreement? How should the parties involved divide the gains from cooperation? With whom will one make alliances? The authors address these questions by focusing on a noncooperative approach to negotiations, which is particularly relevant for the study of international negotiations. By reviewing noncooperative bargaining theory, noncooperative coalition theory, and the theory of fair division, they try to identify the connections among these different facets of the same problem in an attempt to facilitate progress toward a unified framework.
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Bargaining is ubiquitous in real life. It is a major dimension of political and business activities. It appears at the international level, when governments negotiate on matters ranging from economic issues (such as the removal of trade barriers), to global security (such as fighting against terrorism) to environmental and related issues (such as climate change control). What factors determine the outcomes of such negotiations? What strategies can help reach an agreement? How should the parties involved divide the gains from cooperation? With whom will one make alliances? The authors address these questions by focusing on a noncooperative approach to negotiations, which is particularly relevant for the study of international negotiations. By reviewing noncooperative bargaining theory, noncooperative coalition theory, and the theory of fair division, they try to identify the connections among these different facets of the same problem in an attempt to facilitate progress toward a unified framework.

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