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A Tale of Two Players: Exploring the Rubinstein Bargaining Model | with Ariel Rubinstein

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Indhold leveret af TWS Partners. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af TWS Partners eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In today’s episode, we explore one of the classics in Bargaining theory: The Rubinstein Bargaining Model. And we have found the perfect guest - who better to explain this bargaining model than its founder Ariel Rubinstein himself! Ariel not only shares how the idea of the model came to be, but he also comments on some results and critically discusses whether the Rubinstein Bargaining Model (and Game Theory in general) has predictive or normative power for real-life situations.

Ariel Rubinstein is Professor of Economics at the School of Economics at Tel Aviv University and the Department of Economics at New York University. His research is focused on Economic Theory, in particular Decision Theory and Game Theory.

You can download his books for free (also the book “Economic fables” mentioned in our episode) and check out his Atlas of Cafés on his website https://arielrubinstein.tau.ac.il/ .

There, you also find his original paper introducing what came to be know the “Rubinstein Bargaining Model”: “Perfect Equilibrium in a Bargaining Model”

  continue reading

94 episoder

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Manage episode 366519379 series 3344349
Indhold leveret af TWS Partners. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af TWS Partners eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In today’s episode, we explore one of the classics in Bargaining theory: The Rubinstein Bargaining Model. And we have found the perfect guest - who better to explain this bargaining model than its founder Ariel Rubinstein himself! Ariel not only shares how the idea of the model came to be, but he also comments on some results and critically discusses whether the Rubinstein Bargaining Model (and Game Theory in general) has predictive or normative power for real-life situations.

Ariel Rubinstein is Professor of Economics at the School of Economics at Tel Aviv University and the Department of Economics at New York University. His research is focused on Economic Theory, in particular Decision Theory and Game Theory.

You can download his books for free (also the book “Economic fables” mentioned in our episode) and check out his Atlas of Cafés on his website https://arielrubinstein.tau.ac.il/ .

There, you also find his original paper introducing what came to be know the “Rubinstein Bargaining Model”: “Perfect Equilibrium in a Bargaining Model”

  continue reading

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