Bargaining with Your Right Brain
A friend outside of political science linked me this post asking if we deal with bargaining models in political science. For those of you who are not in the know, one of the mainstays of contemporary International Relations game theory treats war as a bargaining process between states. As such, the author argues that traditional bargaining models in economics are too simplistic to truly capture the moves that exist in a negotiation between two actors in the market (the two examples he provides deals with bargaining over small purchase). While scholars of the Cuban Missile crisis may vehemently obejct Continue reading Bargaining with Your Right Brain