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We study a bargaining model where (i) players’ interim disagreement payoffs are stochastic and (ii) in any period, the proposer may postpone making an offer without losing the right to propose in the following period. This bargaining model has a generically unique perfect equilibrium payoff...
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model with two-sided uncertainty. Trade between players occurs whenever there is surplus to be shared and delay is used to …
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Strategic delay and restricted offers are two modes of signaling bargaining power in alternating offers bargaining … player consists of a pure strategic delay followed by an offer on the whole pie. There is no signaling motivation for issue …
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