Bargaining Game Theory Unlocks Path to Fairer Negotiations Worldwide
The article is about a mathematical theory called axiomatic bargaining game theory, which studies how people make deals by looking at the math behind different outcomes. The researchers focus on finding the best ways to solve bargaining games by setting rules, called axioms, that the solutions should follow. They aim to understand how these solutions work and what makes them good or bad. In simple terms, the article explores how math can help us understand how people negotiate and make deals.