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Experimental Testing of Game-Theoretic Predictions: The Ultimatum Game
Matysková, Ludmila ; Gregor, Martin (advisor) ; Melikhova, Oksana (referee)
This thesis focuses on testing of game theoretical predictions in the ultimatum game by means of controlled experiments. This game has become one of the most scrutinized games from the area of bargaining game theory. The theoretical division of the reward, which the players bargain over, is such that one player gets virtually all the reward while the second player is left with nothing. Because of such an extreme division of the reward, the game represents a severe test for the theory. In fact, experimental results do not confirm to the theory. This thesis provides a survey of the experimental studies investigating different aspects that may affect the subjects' behavior in the game. Furthermore, some possible explanations for why the theoretical solution is not observed to be played by the subjects in the laboratory are presented. I show several new models, which try to capture the real nature of the subjects' behavior in the game. I also focus on the proposers' behavior from the income-maximizing point of view if the distribution of the responder's minimum acceptance thresholds is known to them. Outline of a new experiment examining such behavior is then presented.
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Liberal intergovernmentalism: The role of small states in the European integration process
Bambasová, Hana ; Plechanovová, Běla (advisor) ; Karlas, Jan (referee)
The aim of the Master thesis Liberal intergovernmentalism: The role of small states in the European integration process is to test the applicability of the theory of Liberal intergovernmentalism to cases of small Member States of the European integration. Furthermore, the thesis aims to clarify the role of this states in the evolution of the European integrative cooperation. In order to reach the research objectives, the thesis uses case studies of Belgium and the Netherlands and it examines their motives and behaviour during the negotiation of treaties of the European primary legislation. The thesis is divided into chapters based on a chronological succession. Each chapter describes a time period before one of the treaties of the primary legislation, from the foundation of the European Economic Community until the signing of the Treaty of Amsterdam. The chapters deal with the motivation of small states for new negotiations and their claims in concrete areas of diplomacy. These claims are further compared with results of the negotiations in the context of the significance of the arranged agenda. The final part of the thesis compares the negotiating power of small and large Member States, Germany, France and the United Kingdom, taking into account the most significant issues of the agenda. The...
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Breaking Deadlocks: The Role of Mediators in WTO Negotiations
Klímová, Nikola ; Parízek, Michal (advisor) ; Karlas, Jan (referee)
This thesis examines the role of mediators in WTO trade negotiations and the impact of individual mediation strategies on the outcome of these negotiations. It seeks to answer the question how mediators can help negotiators to overcome the bargaining problem and reach an agreement. The thesis first presumes that mediators who frequently apply more interventionist and inclusive tactics can increase the likelihood of a successful outcome of negotiations. Secondly, it presupposes that particular mediation tactics enable negotiators to save their face not only in front of their opponents, but more importantly also in front of domestic constituencies. Using the case of Geneva-based negotiations and the Bali Ministerial Conference, the thesis tracks individual mediation strategies which were employed by WTO chairs or the Director-General to determine their impact on the final adoption of the Bali package, representing the first multilateral trade agreement concluded under the auspices of the WTO. The analysis indicates that mediators who actively intervene in the bargaining process and assist negotiators in decreasing their audience costs may positively influence the chances of reaching an agreement. Contrarily, it shows at the same time that the effects of inclusive mediation are varied and...
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The Traditional Role and Perspective of the Bazaar
Hanzlíčková, Helena ; Pargač, Jan (advisor) ; Petrášek, Michal (referee) ; Halbich, Marek (referee)
ENGLISH ABSTRACT This thesis deals with the specification of bazaars and the bazaar economy. Bazaar [bāzār] is a Persian word for marketplace, also used in Turkish- çarşi [čarši]. Like the Arabic term souk وسق [súq], bazaar is both the concrete trading place, where many people meet and interact but like the English word market or the French le marché is also understood as a more abstract notion of buying and selling in the sense of demand and supply and it involves small shopping stalls, modern shopping and business avenues and shopping malls as well. Bazaar can refer to a single shopping unit or a street in the frame of the marketplace or outside its boundaries or to the whole business complex. The marketplace has symbolic and social importance indicative of its urban centrality. The souk is seen as one of the quintessential oriental spaces. Clifford Geertz and his own studies of Moroccan and Indonesian rural markets inspired many economic anthropologists to examine the structure of marketplaces in the developing world as products of informational scarcity. The bazaar economy was defined in Clifford Geertz' extremly influential anthropological study on the bazaar economy in Sefrou (1978), a quite small town in Morocco with about 600 shops. Geertz was the first to emphasise the important difference...
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Crisis communication
Juretzková, Kristina ; Fiala, Miloš (advisor) ; Vilášek, Josef (referee)
Title: Crisis Communication Objectives: To highlight the significance of the crisis communication, led by the Police of the Czech Republic as one of the fundamental components of the Integrated Rescue System. The second aim is to clarify what the definition "crisis communication" means and its use in negotiation with the person demonstrating suicidal intentions. Methods: Theoretical thesis, therefore, data will be collected from literature, laws, regulations and internet resources and the personal experience provided by the police negotiator Jiří Basl as well. Results: There was the crisis communication and the crisis negotiation defined. Police case analysis with the person demonstrating suicidal intentions, and a description of the police bargaining in practice. Keywords: Crisis, communication, negotiator, negotiation, suicide.
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Experimental Testing of Game-Theoretic Predictions: The Ultimatum Game
Matysková, Ludmila ; Gregor, Martin (advisor) ; Melikhova, Oksana (referee)
This thesis focuses on testing of game theoretical predictions in the ultimatum game by means of controlled experiments. This game has become one of the most scrutinized games from the area of bargaining game theory. The theoretical division of the reward, which the players bargain over, is such that one player gets virtually all the reward while the second player is left with nothing. Because of such an extreme division of the reward, the game represents a severe test for the theory. In fact, experimental results do not confirm to the theory. This thesis provides a survey of the experimental studies investigating different aspects that may affect the subjects' behavior in the game. Furthermore, some possible explanations for why the theoretical solution is not observed to be played by the subjects in the laboratory are presented. I show several new models, which try to capture the real nature of the subjects' behavior in the game. I also focus on the proposers' behavior from the income-maximizing point of view if the distribution of the responder's minimum acceptance thresholds is known to them. Outline of a new experiment examining such behavior is then presented.
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Liberal intergovernmentalism: The role of small states in the European integration process
Bambasová, Hana ; Plechanovová, Běla (advisor) ; Karlas, Jan (referee)
The aim of the Master thesis Liberal intergovernmentalism: The role of small states in the European integration process is to test the applicability of the theory of Liberal intergovernmentalism to cases of small Member States of the European integration. Furthermore, the thesis aims to clarify the role of this states in the evolution of the European integrative cooperation. In order to reach the research objectives, the thesis uses case studies of Belgium and the Netherlands and it examines their motives and behaviour during the negotiation of treaties of the European primary legislation. The thesis is divided into chapters based on a chronological succession. Each chapter describes a time period before one of the treaties of the primary legislation, from the foundation of the European Economic Community until the signing of the Treaty of Amsterdam. The chapters deal with the motivation of small states for new negotiations and their claims in concrete areas of diplomacy. These claims are further compared with results of the negotiations in the context of the significance of the arranged agenda. The final part of the thesis compares the negotiating power of small and large Member States, Germany, France and the United Kingdom, taking into account the most significant issues of the agenda. The...
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The use of data mining technology in an interactive bargaining in retail
Waldmannová, Lenka ; Novotný, Ota (advisor) ; Jašek, Pavel (referee)
This thesis deals with the issue of data mining technology within interative bargaining in retail with closer focus on the implementation of data models and related rules, which support interactive haggling with the customer. The aim of the thesis is to prepare proposals for data models, calculations and rules that are involved in the haggling process with the customer. Prepared outputs are used in the demo application "Bargaining" and its application is showcased on the demonstrated examples. The work is divided into two main areas -- the theoretical definition of work and the analytical processing. The theory part includes available research work (resources), which will be used to characterise various thematic areas of the work - Customer Intelligence, Customer Lifetime Value, Data mining, Interactive marketing, negotiation techniques and Setting prices. Analytical processing is focused on the practical use of the acquired knowledge. It iis the calculation of selected values, their processing and application within the Bargaining process with the customer. In conclusion, all the results, reaching the goals and the recommendations for the development or modification of the solution, will be assessed. The anticipated benefit of the application is its use in the negotiation between the trader and the customer, without dropping the agreed sales price during realised business below the expenditure costs. It is about ensuring the interaction, where the customer is allowed to negotiate the price of goods but the trader ensures that the price will not result in a loss. The benefit of the solution is the support of the customer satisfaction with regards to the financial interests of the detail industry.
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