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Strategic bargaining, surplus sharing problems and the nucleolus

โœ Scribed by Roberto Serrano

Book ID
107949709
Publisher
Elsevier Science
Year
1995
Tongue
English
Weight
759 KB
Volume
24
Category
Article
ISSN
0304-4068

No coin nor oath required. For personal study only.

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Strategic Play and Adaptive Learning in the Sealed-Bid Bargaining Mechanism
โœ Terry E Daniel; Darryl A Seale; Amnon Rapoport ๐Ÿ“‚ Article ๐Ÿ“… 1998 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 571 KB

We report the results of two experiments on bilateral bargaining under the sealed-bid double auction mechanism in environments where theory calls for decidedly strategic play. The observed individual sellers' ask functions and buyers' bid functions, each based on 50 rounds of bargaining, are shown t