Rubinstein Model

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August 31, 2024 5 min read Definitions
Bargaining: The Art of Negotiation
Economics Social Sciences Negotiation Game Theory Rubinstein Model Nash Bargaining Coase Theorem
Bargaining is the process of negotiating the terms of a trade, significant in both formal and informal settings. It involves strategic discussions aimed at reaching a mutually agreeable outcome and is central to economic theories and political processes.
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