How does bargaining differ from cooperation?

Bargaining involves negotiation where parties seek to reach a mutually acceptable agreement, often through competition over resources or benefits. It typically includes compromises and trade-offs, where each side aims to maximize their own outcomes. In contrast, cooperation emphasizes collaboration and shared goals, focusing on mutual benefit without the adversarial elements present in bargaining. While both processes aim for agreement, bargaining is more about competing interests, while cooperation centers on collective efforts.