Universitat Pompeu Fabra, 1995/6 and 1996/7
The course discusses game theoretic models of bargaining. Both the cooperative and the non-cooperative approaches are considered. The Nash bargaining problem and Rubinstein's alternating offers model will be the main representatives of the the two approaches respectively. Emphasis will be put on modelling and theoretical issues, rather than on applications.
No prior knowledge of game theory is required in order to participate. Most of the material appears in the first part of the book Bargaining and Markets by Osborne and Rubinstein.
The course will cover most of Part 1 of Bargaining and Markets. The book A Course in Game Theory will be used for providing the necessary game-theoretic background, i.e. articles 3 and 4 below; other game-theory textbooks may also be used for this purpose.