Squential bargaining (also known as alternate-moves bargaining, alternating-offers protocol, etc.) is a structured form of bargaining between two participants, in which the participants take turns in making offers. Initially, person #1 has the right to make an offer to person #2. If person #2 accepts the offer, then an agreement is reached and the process ends. If person #2 rejects the offer, then the participants switch turns, and now it is the turn of person #2 to make an offer (which is often called a counter-offer). The people keep switching turns until either an agreement is reached, or the process ends with a disagreement due to a certain end condition. Several end conditions are common, for example: * There is a pre-specified limit on the number of turns; after that many turns, the process ends. * There is a pre-specified limit on the negotiation time; when time runs out, the process ends. * The number of possible offers is finite, and the protocol rules disallow to offer the same agreement twice. Hence, if the number of possible offers is finite, at some point all them are exhausted, and the negotiation ends without an agreement. Several settings of sequential bargaining have been studied. * Dividing the Dollar: two people should decide how to split a given amount of money between them. If they do not reach an agreement, they get nothing. This setting can represent a buyer and a seller bargaining on the price of an item, where the valuations of both players are known. In this case, the amount of money is the difference between the buyer's value and the seller's value. * Buyer and Seller: a buyer and the seller bargain over the price of an item, and their valuations of the item are not known. * A general outcome set: there is an arbitrary finite set of possible outcomes, each of which yields a different payment to each of the two players. This setting can represent, for example, two parties who have to choose an agreed arbitrator from a given set of candidates. (Wikipedia).
Math for Liberal Studies - Lecture 2.5.1 Sequential Pairwise Voting
This is the first video lecture for Math for Liberal Studies Section 2.5: Miscellaneous Voting Methods. In this video, I discuss the method of sequential pairwise voting. I also explain the Pareto condition, and why sequential pairwise voting does not satisfy this condition.
From playlist Math for Liberal Studies Lectures
Solving Simultaneous Equations By Substitution | Algebra | Maths | FuseSchool
In this video we are going to discover how to solve simultaneous equations by substitution. Simultaneous equations are two or more equations with two or more unknowns that must be solved at the same time; hence the name simultaneous. There are three different methods for solving simultan
From playlist MATHS
Solving Simultaneous Equations Algebraically
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From playlist Non-Linear Relationships
Solving an equation with parentheses
👉 Learn how to solve multi-step equations with parenthesis. An equation is a statement stating that two values are equal. A multi-step equation is an equation which can be solved by applying multiple steps of operations to get to the solution. To solve a multi-step equation with parenthes
From playlist How to Solve Multi Step Equations with Parenthesis
Solving an equation with parentheses
👉 Learn how to solve multi-step equations with parenthesis. An equation is a statement stating that two values are equal. A multi-step equation is an equation which can be solved by applying multiple steps of operations to get to the solution. To solve a multi-step equation with parenthes
From playlist How to Solve Multi Step Equations with Parenthesis
Solving an equation with parentheses
👉 Learn how to solve multi-step equations with parenthesis. An equation is a statement stating that two values are equal. A multi-step equation is an equation which can be solved by applying multiple steps of operations to get to the solution. To solve a multi-step equation with parenthes
From playlist How to Solve Multi Step Equations with Parenthesis
Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics
Five Stages of Accepting Constructive Mathematics - Andrej Bauer
Andrej Bauer University of Ljubljana, Slovenia; Member, School of Mathematics March 18, 2013 Discussions about constructive mathematics are usually derailed by philosophical opinions and meta-mathematics. But how does it actually feel to do constructive mathematics? A famous mathematician
From playlist Mathematics
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Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in
From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics
How to Push for Policy Changes at Your Company | Women at Work | Podcast
When you have an idea for a change that would make your workplace better for women, where do you begin? How can you push for a childcare stipend, a company-wide pay audit, a more comprehensive health care plan, or an ombuds office? If you instigate the change, do you have to be the face of
From playlist Women at Work | Podcast
Applying distributive property with a negative one to solve the multi step equation
👉 Learn how to solve multi-step equations with parenthesis. An equation is a statement stating that two values are equal. A multi-step equation is an equation which can be solved by applying multiple steps of operations to get to the solution. To solve a multi-step equation with parenthes
From playlist How to Solve Multi Step Equations with Parenthesis
Exploring Rare Centurion History from the Co-founder!
Note: I’m experimenting with a new camera, and while I think the visual quality has increased, I haven’t yet figured out how to keep the auto-exposure from freaking out, so at times the brightness appears to change willy nilly. Sorry about that, I’ll get the hang of it soon! About three w
From playlist Centurion Minicomputer
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Powered by https://www.numerise.com/ Simultaneous equations using graphs (quadratic & linear) 1
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International Relations 101 (#23): Preemptive War
Buy The Rationality of War on Amazon: https://www.amazon.com/Game-Theory-101-Rationality-War/dp/1500685658/ http://gametheory101.com/courses/international-relations-101/ Before, we assumed that the probability of war was the same regardless of who decided to begin the fight. What if we a
From playlist William Spaniel: International Relations 101
Negotiations and Group Decisions: Passing Bills with Backroom Deals - M. Agranov - 4/25/2018
Group decisions often involve the allocation of scarce resources among members with conflicting interests. Negotiations are part and parcel of such decisions, as they create a natural arena for informal agreements and quid pro quo deals. Do these deals help or hurt the bargaining process?
From playlist Caltech Watson Lecture Series
The Truth About the Five Stages of Grief
The Five Stages of Grief show up in media everywhere from The Simpsons to Robot Chicken, but scientists have long been working on better ways to think about grief. Hosted by: Olivia Gordon For more like this, check out our sister channel, SciShow Psych: https://www.youtube.com/scishowpsy
From playlist Uploads
International Relations 101 (#24): Understanding War
http://gametheory101.com/courses/international-relations-101/ For unitary actor war to occur, you need a grievance and a source of bargaining failure. Explanations for war that only give one of these are therefore insufficient. That said, political scientists tend to focus on the sources
From playlist William Spaniel: International Relations 101
International Relations 101 (#44): Bargaining and Leaders
http://gametheory101.com/courses/international-relations-101/ How do leaders change the bargaining model of war we worked with in previous units?
From playlist William Spaniel: International Relations 101
Simultaneous Equations - Example to solve 3
How to solve simultaneous equations through the elimination method. To donate to the tecmath channel:https://paypal.me/tecmath To support tecmath on Patreon: https://www.patreon.com/tecmath To buy tecmath mechandise: https://teespring.com/stores/tecmath-store
From playlist Simultaneous Equations - Algebra