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    • Understanding Bargaining
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    • Understanding Supply and Demand
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Economics in Game of Thrones
  • Home
  • Microeconomics
    • Comparative Advantage and Specialization
      • Adam Smith and Markets
      • Labor Leisure Trade Off
      • Opportunity Cost
      • Opportunity Costs
      • Production Possibilities Curve
      • Production Possibilities Frontier
      • Research and Development
      • Stannis and Jon Consider Risks vs. Rewards
      • Trade-Offs and Marginal Analysis
      • Tyiron Explains Specialization
    • Supply and Demand
      • Complementary Goods
      • Supply and Demand
      • Trade Restrictions Cause Chicken Prices to Increase in House of the Dragon
    • Free Markets
      • Night’s Watch sorts instead of using markets
      • Resource Curse
      • Tipping
      • Tyiron and Bronn Discuss Licensing
    • Game Theory
      • Bronn Wants His Kids to Fight Over His Estate
      • Coalition or Conflict
      • Game Theory in House of the Dragon: A Mixed Strategy for the Prince’s Life
      • Lord Frey has Bargaining Advantage in Game of Thrones
      • Daenerys Overcomes Principal Agent Problem
      • King Joffrey Faces Principal Agent Problem
      • Voting in The Game of Thrones
    • Monopolies
      • Monopoly
    • Positive v.s. Normative Statements
      • Normative v.s. Positive Statements
    • Public Goods
      • The Wall is a Public Good
    • Unintended Consequences
      • Cersei’s Imprisonment is an Unintended Consequence
  • Macroeconomics
    • Currencies
      • Currency
    • Free Markets
      • Best Alternative to a Negotiated Agreement (BATNA)
      • Creative Destruction
      • Insurance Markets
      • Sanctions
      • Tyiron and Bronn Discuss Licensing
    • Free Trade
      • Markets vs. Plundering
    • GDP – Gross Domestic Product
      • Abolition of Slavery and Path Dependency
      • Efficiency of Government Spending
    • Investing
      • Coalition Bonds
      • Recallable Bonds
      • Investments
    • Loans
      • Debt Collection
      • Debts
      • Loans and Interest
      • Tyrion Explains How Loans Work
    • The Broken Window Fallacy
      • Broken Windows Fallacy
  • Lesson Plans
    • Understanding Bargaining
    • Understanding Loans and Interest
    • Understanding Production Possibilities Frontier and Investments
    • Understanding Public Goods
    • Understanding Sanctions:
    • Understanding Supply and Demand
  • About

Understanding Bargaining

by Nicholas Scarmozzinoin Lesson Planson Posted on July 27, 2024July 27, 2024
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Written byNicholas Scarmozzino

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