Often, prices are fixed and price discrimination can lead to a bargaining situation often called haggling, a negotiation about the price.

But in the local bargaining situation, trade union strength is more effectively measured in terms of their following in the workplace.

'It will not advantage the lower paid workers in a free collective bargaining situation if those who are the strongest get the most.'

When a bargaining situation is complex, finding Nash equilibrium will be difficult using game theory.

With the adoption of the euro, its whole bargaining situation changed.

After joining Marathon in 2000, he quickly improved the company's bargaining situation with a somewhat cooperative approach to developing energy markets and pricing, instead putting a strategic focus on technology.

Modern advances in game theory, such as those developed by John Nash, challenge this assumption and derive stable equilibria (such as the Nash equilibrium ) in complicated bargaining situations.

It's just a straightforward bargaining situation distributed over time.

As in any bargaining situation, what he wants is the best deal he can get.

New research also stresses empirical work, using controlled experiments to see how people behave in real bargaining situations.