Hard Bargains and Lost Opportunities
AbstractThis paper examines an Outside Option Game Designed to study the tension between maximizing the size of the surplus and bargaining over the division of thus surplus among those who contributed to its creation.
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Bibliographic InfoPaper provided by Wisconsin Madison - Social Systems in its series Working papers with number 9517r.
Date of creation: 1996
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Postal: UNIVERSITY OF WISCONSIN MADISON, SOCIAL SYSTEMS RESEARCH INSTITUTE(S.S.R.I.), MADISON WISCONSIN 53706 U.S.A.
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- C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other
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- Ken Binmore & Larry Samuelson, . "Evolutionary Drift and Equilibrium Selection," ELSE working papers 011, ESRC Centre on Economics Learning and Social Evolution.
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