Economic Games and Strategic Behaviour : Theory and Application

Stahler (economics, U. of Kiel, Germany) offers an approach to strategic bargaining designed to find a solution to economic games in which cooperation cannot be enforced by a third party. He then applies this approach to a range of concrete situations including international environmental agreements, bilateral trade agreements, collusion between firms in industry, and bargaining between buyers and sellers in the marketplace. He also discusses policy implications and an agenda for future research. Annotation c. by Book News, Inc., Portland, Or.