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The Demand for Money: A Cross-Section Study of Business Firms": Comment

Quarterly Journal of Economics 1965 79(1), 153
Journal Article “The Demand for Money: A Cross-Section Study of Business Firms”: Comment Get access G. S. Maddala, G. S. Maddala Stanford University Search for other works by this author on: Oxford Academic Google Scholar Robert C. Vogel Robert C. Vogel Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 79, Issue 1, February 1965, Pages 153–159, https://doi.org/10.2307/1880521 Published: 01 February 1965

A theory of the bargaining process

American Economic Review 1965
Offers a precise analysis of bargaining by means of a positive theory based on familiar economic concepts. Use of Nash theory; Components and the dynamic nature of bargaining process; Three conditions needed to satisfy the outcome of bargaining process; Analysis of the dynamic process of disagreement-concession-agreement; Fixed cost of bargaining; Nash condition of symmetry on the bargaining situation. (From Ebsco)