The Extraordinary Power of Negotiations in Game Theory

The Extraordinary Power of Negotiations in Game Theory

by Rolando José Olivo
Publication Date: 27/11/2019

Share This eBook:

  $5.97

The Game Theory rightly justifies that the strategies, tactics and actions do not depend solely on the rational-optimizing behavior of agents and the competition in markets, rather they are strongly influenced by the possible behavior of others.


Likewise, this Theory has been analyzed through emblematic examples such as the prisoner's dilemma and the trolley dilemma, which apply to everyday situations.


It should be noted that the strategic essence and principles of the Game Theory guarantee that the parties must cooperate to achieve the best possible agreement or implement an escape route. Therefore, the Game Theory is aligned with the integrative approach of negotiations (win-win), being undoubtedly that the complex human behavior and the extraordinary power of negotiations complement this Theory.

ISBN:
9780463099667
9780463099667
Category:
Economic theory & philosophy
Publication Date:
27-11-2019
Language:
English
Publisher:
Rolando José Olivo

This item is delivered digitally

Reviews

Be the first to review The Extraordinary Power of Negotiations in Game Theory.