bargaining frontier. However, when players have different time preferences, intertemporal trade may lead to continuation payoffs … above the bargaining frontier. We provide a thorough study of this problem without imposing the conventional assumption. Our …

The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is … the Nash bargaining solution of a modified bargaining problem and the Maximum Theorem implies convergence to the Nash … bargaining solution when time between proposals vanishes. The model unifies alternating offers, one-sided offers and random …

The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary … vanishes, convergence to the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard …

We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …

existence, uniqueness, and efficiency of the agreement reachable through this bargaining process. We illustrate the consequences …We propose a bargaining process supergame over the strategies to play in a non-cooperative game. The agreement reached … by players at the end of the bargaining process is the strategy profile that they will play in the original non …

We study an asymmetric two-player bargaining game with risk of breakdown and no discounting. We characterize the … taken in the automata-selection process. We show that a MESS exists in the bargaining game and that agreement is reached …

ensure existence of subgame perfect equilibria (SPE). We show that when Nature's moves are atomless in the original game … of He and Sun (2020) on existence of SPE without public randomization, which in turn yields equilibrium existence for …

I study how the arrival of new private information affects bargaining outcomes. A seller makes offers to a buyer. The …-best is implementable via a mechanism, whereas all equilibrium outcomes of the bargaining game are inefficient. …

, and necessary and sufficient conditions are provided for the existence of efficient search equilibria under complete …