The first unified and systematic treatment of the modern theory of bargaining, presented together with many examples of how that theory is applied in a variety of bargaining situations. Abhinay Muthoo provides a masterful synthesis of the fundamental results and insights obtained from the wide-ranging and diverse (game-theoretic) bargaining theory literature. Furthermore, he develops new analyses and results, especially on the relative impacts of two or more forces on the bargaining outcome. Many topics - such as inside options, commitment tactics and repeated bargaining situations - receive their most extensive treatment to date. In the concluding chapter, he offers pointers towards future research. Bargaining Theory with Applications is a textbook for graduate students in economic theory and other social sciences and a research resource for scholars interested in bargaining situations.

A major new upper level textbook with global adoption potential on a central economic and social scientific topic An easy to follow, up-to-date exposition including numerous examples, case studies and pathways designed to allow rigorous and intuitive study Original research source: https://www.cambridge.org/nl/academic/subjects/economics/econometrics-statistics-and-mathematical-economics/bargaining-theory-applications?format=PB&isbn=9780521576475