Chiappori, Pierre-André; Donni, Olivier - 2006
Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is … adopt a Nash bargaining solution, we investigate the empirical content of this assumption. We first show that in the most …-specific, in the sense that [lamda]i does not influence the utility or the threat point of player j Æ i, then Nash bargaining …