Best Alternative to a Negotiated Agreement (BATNA)

Lord Frey has Bargaining Advantage in Game of Thrones

by Nicholas ScarmozzinoBest Alternative to a Negotiated Agreement (BATNA), Game Theory, Microeconomics July 26, 2024July 27, 2024Comments are Disabled

Season 1, Episode 9: The Starks want to safely cross water but need Lord Frey’s position. They are in a bad position and he is reluctant and in a good position. In bargaining, we’d say that the Stark’s Best Alternative to a Negotiated Agreement (BATNA) was low while Lord Frey’s was high. As bargaining theory …

Best Alternative to a Negotiated Agreement (BATNA)

by Nicholas ScarmozzinoBest Alternative to a Negotiated Agreement (BATNA), Macroeconomics January 27, 2023July 26, 2024Comments are Disabled

Season 3 Episode 6: Tywin negotiates with Lady Tyrell to have her daughter marry Loras to Cersei. Lady Tyrell opposes, but then Tywin says he’d force Loras to join the Kings Guard if Lady Tyrell refused. Tywin decreased his Lady Tyrell’s Best Alternative to a Negotiated Agreement (BATNA). When that happens, Lady Tyrell accepts the …