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Pricing Mechanism Based on Bargaining

In: Inframarginal Economics

Author

Listed:
  • Xiaokai Yang

    (University of New South Wales, Australia)

  • Wai-Man Liu

    (University of New South Wales, Australia)

Abstract

The following sections are included:Bargaining Game, Strategic Behavior, Opportunistic BehaviorNash Bargaining GameEndogenous Transaction Costs caused by Information AsymmetryAlternating Offer Bargaining GamesDynamic Bargaining Game and the Division of LaborHow Does Competition for a Greater Share of Gains from the Division of Labor Generate Endogenous Transaction Costs?How Can Endogenous Transaction Costs be Eliminated by Consideration of Reputation?Information Asymmetry, Dynamic Bargaining, and the Division of LaborNon-credible Commitment and Soft Budget ConstraintFurther ReadingQuestionsExercises

Suggested Citation

  • Xiaokai Yang & Wai-Man Liu, 2008. "Pricing Mechanism Based on Bargaining," World Scientific Book Chapters, in: Inframarginal Economics, chapter 7, pages 171-204, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812837929_0007
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    More about this item

    Keywords

    Inframarginal Economics; Inframarginal Analysis; Division of Labor; Specialization; Network Effects; Smithian Framework; Transaction Costs;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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