...Alessandro Innocenti This paper analyzes the early contributions of John Harsanyi and Thomas C. Schelling to bargaining theory. In the 1950s, Harsanyi draws Nash's solution to two-person cooperative games from the bargaining model proposed by Zeuthen (1930), and Schelling proposes a multifaceted...

... as a reminder that the ex- treme fringes of any movement-even Classical economics-are of interest in the history of ideas. University of Pennsylvania JUNEAXINN The Theory of Collective Bargaining, 1930-1975. By W. H. Hutt. London: Institute of Economic Affairs...

...: Cambridge University Press. Malthus, Population, and the Generational Bargain David Collard Thomas Malthus, inhis famous Essay on Population (1798), put for- ward a simple yet powerful “model” of economic and social policy. The prize was great, since his preventive check...

... for analyzing the interaction between workers and employers as negotiators in wage bargains. But the next step along this line of analysis strangely did not occur in “Marshallian” Cambridge but in the rival LSE. Lionel Robbins used the offer-curve approach and criticized Pigou (and, incidentally, Frank Knight...

..., although an advocate of market competition, observed that in labor markets “masters are always and ev- ery where in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual rate” ([1776] 1976, 1:74–76). With their greater bargaining power, employers...

... (and in many cases eliminate) the perceived gains from bargain­ ing over rights that are contemplated by the Coase Theorem. Nonethe­ less, there are many who argue that the Coase Theorem is more or less applicable to small numbers bargaining situations over legal rights. In fact, Elizabeth Hoffman...

..., and M. Sefton. 1988 . Replicability, Fairness, and Pay in Experiments with Simple Bargaining Games. University of Iowa, Working Paper 88–30, December. Fouraker , L. E. , and Sidney Siegel. 1961 . Bargaining Behavior II . Department of Psychology, Pennsylvania State University. Fouraker...

... in the fi rst section of this article—that is, the mutual existence of company and industrial unions for collective bargaining—was not only infl uential on the economics and management profes- sions in his time, but was a formula subsequently adopted, broadly speaking, in the Japanese and European...

...”. Economic Journal 39 ( 1929 ): 41 -57. Jantzen , Ivar. “Voxende udbytte i industrien”. Nationalökonomisk Tidsskrift 62 ( 1924 ): 1 -62. Koopmans , Tjalling C. Three Essays on the State of Economic Science . New York, 1957 . Pen , J. “A General Theory of Bargaining...

... may sell you a line but fail to sell you a horse. Alternatively, you may try to prove that the horse is not worth much to you by making a low offer and trying to wait me out-while crops rot in your field. This is a com- mon situation in union-management bargaining, a familiar example...

...Andrew Schotter Copyright © 1992 by Duke University Press 1992 References Braunstein , Yale , and Andrew Schotter. 1978 . An Experimental Study of the Problem of “Theory Absorption” in N-Person Bargaining Situations or Games. In Coalition-Forming Behavior , edited by Heinz...

...Robert W. Dimand Correspondence may be addressed to the Department of Economics, Brock University, St. Catharines, Ontario L2S 3A1, Canada. Duke University Press 2000 Allen, L. 1956 . Games Bargaining: A Proposed Application of the Theory of Games to Collective Bargaining. Yale Law...

... of bargaining theories, 106 debates in operations research litera- of the concept of a game, 44 ture about, 230, 231-32 of Euclidean geometry by David in linear programming literature, 234 Hilbert, 40 Applied Mathematics Panel, 62-64 of formal systems by Hilbert and his Arbitration...

..., he considers imperfectly competitive cases usually with, inter ulia, a finitely small number of agents bargaining over dis- crete units. Prices at which transactions occur are formed in “price duels” and distributed within ranges of indeterminancy so that there is no unique market-clearing...

.... However, like Marshall he did not provide any convincing arguments for this predicted outcome. It was in his analysis of the short-run bilateral monopoly case that Price came to grips with aspects of the problems of bargaining. He recognized that the monopoly power of trade unions prescribed...

... University Press . Myerson , Roger B. 2009 . “ Learning from Schelling's Strategy of Conflict .” Journal of Economic Literature 47 , no. 4 : 1109 – 25 . Nash , John F. , Jr. 1950 . “ The Bargaining Problem .” Econometrica 18 , no. 2 : 155 – 62 . Parsons , Talcott...

... is one of Keynes’ criticisms of the classical theory: a “more fundamental objection flows from our disputing the assumption that the general level of real wages is directly determined by the character of the wage bargain” (General Theory, p. I. See Azariadis 1975, Baily 1974, Gordon...

... in general of the outcome “of a bargain between two isolated individuals.” 8. Chipman (1965, p. 44) cites both Mill’s Principles (1848, 1965, Book III, chap. 2, 0 1, pp. 462-64 of 2nd vol.) and Mill’s Fortnightly Review article, “Thornton on Labour and Its Claims, I” (1869, 1967, pp. 63346...

... IS-LM with rigid wages, Patinkin developed a bold construction. His theory would show that when the price mechanism did not lead the economic system toward general equilibrium in the Walra- sian meaning of the term, a distinct kind of equilibrium would emerge out of a bargaining process...

..., he came to advance a theory of wage determi- nation where the exploitation of the superior bargaining power of each single employer depresses the share of labor income, and trade unions are able to increase the wage level without creating unemployment. Up to the recantation Mill’s wages...