Two-Person Bargaining Experiments with Incomplete Information:

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 gros...

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Bibliographic Details
Main Author: Kuon, Bettina (Author)
Format: Electronic eBook
Language:English
Published: Berlin, Heidelberg Springer Berlin Heidelberg 1994
Edition:1st ed. 1994
Series:Lecture Notes in Economics and Mathematical Systems 412
Subjects:
Online Access:BTU01
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Summary: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.
Physical Description:1 Online-Ressource (IX, 293 p)
ISBN:9783642487774
DOI:10.1007/978-3-642-48777-4

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