SCHWARTZ, JESSE A.; WEN, QUAN - In: International Game Theory Review (IGTR) 09 (2007) 03, pp. 551-564
We study the wage negotiation model of Haller and Holden (1990) and Fernandez and Glazer (1991) under the "Good Faith Bargaining" (GFB) rule, where a party may not demand more than it has previously demanded. The GFB rule significantly restricts feasible strategies, but at the same time, makes...
