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Aggressive Bargaining leads to sub-optimal outcomes


Essay, 2003

6 Pages, Grade: 1,7 (A-)


Abstract or Introduction

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.

Details

Title
Aggressive Bargaining leads to sub-optimal outcomes
College
University College Cork
Course
Game Theory and Stra. Dec. Making
Grade
1,7 (A-)
Author
Year
2003
Pages
6
Catalog Number
V30071
ISBN (eBook)
9783638314206
File size
532 KB
Language
English
Notes
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.
Keywords
Aggressive, Bargaining, Game, Theory, Stra, Making
Quote paper
Mario Brückner (Author), 2003, Aggressive Bargaining leads to sub-optimal outcomes, Munich, GRIN Verlag, https://www.grin.com/document/30071

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