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To illustrate the force of this point, suppose that the master-of-ceremonies in that
problem considered the first offer already to have spoiled the game and thought
he might confuse the players by announcing the reversal of their prize schedules.
Suppose the value of "winning" a war, denoted by h, may exceed 1 ; if it ...
Suppose, now, that the probability of achieving surprise, and thereby winning, is
only Q, so that the expected value to be achieved through unilateral attack is only
Qh. If ...
Suppose that it takes one minute to make or change an offer and (in contrast to
the earlier version) that the process of recording a new offer, once started, cannot
be stopped before it is completed. Under this procedure, any offer initiated during
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LibraryThing ReviewUser Review - HadriantheBlind - LibraryThing
This is one of the most important books on Game Theory, and also, thankfully, one of the more accessible (certainly much more so than von Neumann's and Morgenstern's book). His main theses are that ... Read full review
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An Essay on Bargaining
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