| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6429 |
| DP6429 Fiscal Policy, Labour Unions and Monetary Institutions: Their Long Run Impact on Unemployment, Inflation and Welfare | |
| Alex Cukierman; Alberto Dalmazzo | |
| 发表日期 | 2007-08-17 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is extremely hard, involving a multiplicity of questions and complex issues. The objective of this paper is to provide new insights on some dimensions of the bargaining process ? asymmetries and uncertainties in particular ? by using a non-cooperative game theory approach. We develop a computational model which simulates the process of negotiation among more than two players, who bargain over the sharing of more than one pie. Through numerically simulating several multiple issues negotiation games among multiple players, we identify the main features of players? optimal strategies and equilibrium agreements. As in most economic situations, uncertainty crucially affects also bargaining processes. Therefore, in our analysis, we introduce uncertainty over the size of the pies to be shared and assess the impacts on players? strategic behaviour. Our results confirm that uncertainty crucially affects players? behaviour and modify the likelihood of a self-enforcing agreement to emerge. The model proposed here can have several applications, in particular in the field of natural resource management, where conflicts over how to share a resource of a finite size are increasing. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Bargaining Non-cooperative game theory Simulation models Uncertainty |
| URL | https://cepr.org/publications/dp6429 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535267 |
| 推荐引用方式 GB/T 7714 | Alex Cukierman,Alberto Dalmazzo. DP6429 Fiscal Policy, Labour Unions and Monetary Institutions: Their Long Run Impact on Unemployment, Inflation and Welfare. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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