Economics of Bargaining

This collection of articles by economists examines equilibrium outcomes in social and economic environments which possess cooperative infrastructures. An introduction by the editors sets out the Nash programme and puts the modern theory of bargaining in historical perspective. Subsequent essays develop the implications of the Nash programme, examining the problem from different perspectives. Also included is the paper by Ariel Rubinstein, "Perfect Equilibrium in a Bargaining Model". A number of other essays are published for the first time in this volume.