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When a reporter raised that possibility, Stern responded with cutting sarcasm, saying, "I don't have your collective bargaining expertise or your crystal ball".
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He raises two issues: first, the governments of wealthy nations "enjoy a crushing advantage in terms of bargaining power and expertise;" and second, international negotiations are based on an adversarial system in which country level representatives seek to advance the best interests of their nation.
The Department of Labor recognizes the Rube Goldberg theory effect writing, "Anecdotal evidence suggests that small plan fiduciaries in particular often have difficulty obtaining required information in an understandable format, because such plans lack the bargaining power and specialized expertise possessed by large plan fiduciaries".
For example, in pretrial discussions, judges could seek actively to ensure that all parties with interests in the proceedings are represented and have a chance to bring their expertise to the bargaining table.
Instead, these firms also appear to be striking Faustian bargains, trading their capital and expertise for a Chinese presence.
In his 1989 work, "Bureaucracy," he drew on numerous examples to show how bureaucracy is not one thing but many things, and that different agencies must deploy different incentive and task structures, which in turn explain a great deal of how they work, including how they define and pursue their goals, bargain with other groups, recruit expertise and often fail.
The Elvis lyrics sold for £300 – a real bargain in terms of the time, material and expertise that went into making them.
Ms. Gillard is bargaining on being able to fall back on the expertise of her predecessor, with Mr. Rudd likely moving into the foreign affairs portfolio.
In north London, David Ash is equally gloomy about his area of shopping expertise - nipping across the Channel for bargains.
Supporting lobbyists is a bargain because they bring the potent combination of money, expertise and access to members of Congress.
Stephen J. Harhai, a divorce lawyer in Denver with expertise in technology issues, said that videoconferencing would soon become a bargaining chip for divorced or separated parents who want to move.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com