Aggressive Bargaining leads to sub-optimal outcomes E-Book

Mario Brückner

• Herausgeber: GRIN Verlag
• Sprache: Englisch

Veröffentlichungsjahr: 2004

Beschreibung

Essay from the year 2003 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7 (A-), University College Cork, course: Game Theory and Stra. Dec. Making, language: English, abstract: As the individual economies of the European Union member countries become increasingly integrated, sharing factors of production such as capital, labour, and technology, international trade is expected to continue to increase. For the purpose of this paper, I have chosen to analyse the international trade under the perspective of Aggressive Bargaining. The result will be that Aggressive Bargaining leads to a sub-optimal outcome.