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price bargaining
A Simulation Model of the Price Bargaining Rules in Vertical Relationships
      
This paper analyzes the dynamics of the price and quantity bargaining betweenfour agents, in a current industrial structure, with a special attention tothe price bargaining.
      
Theexperimental results do not confirm the solutions of the theoretical model,which predicted a Nash solution for the price bargaining, and used the cournotconjecture in the quantity bargaining.
      
This paper reviews recent work on macroeconomic management with varying organization of wage/price bargaining and degrees of credible monetary conservatism.
      
Due to these factors, price bargaining appears to be the best method for buyers to get what they want at the price they can accept.
      
However this by no means is the only case in price bargaining.
      
Price bargaining could benefit both involved parties in many ways through exchange of information.
      
We should also not forget the natural inclination to reject certain products due to simple protectionism and price bargaining.
      
 

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