Dynamics of Rational Negotiation

Dynamics of Rational Negotiation

Game Theory, Language Games and Forms of Life

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This book uses game theory to analyze the strategies developed in negotiation processes. Offering a detailed analysis of competition and cooperation, it explores various bargaining strategies that result from the application of Nash equilibrium and mixed strategies. Employing a blend of game theory and real-world examples, the authors describe typical negotiation scenarios and unveil the art of negotiation strategy - dissecting both competitive and cooperative tactics.This comprehensive analysis explores the multifaceted dimensions of negotiation, highlighting not only formal aspects but also ...