orders, and finite sets of alternatives. Two examples show: 1. non-existence of stationary subgame-perfect equilibrium (SSPE … conditions for existence of stationary best responses additionally require either an equalizing condition or a minimality …

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

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 …

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 …

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 …

We consider the long-run outcomes of bargaining games when players obey prospect theory. We extend the evolutionary … bargaining model of Young (1993) to a two-stage Nash demand game. Two players simultaneously choose whether to exercise an … Nash bargaining solution under expected utility theory. Inspired by this, we propose a prospect theory Nash bargaining …

orders, and finite sets of alternatives. Two examples show: 1. non-existence of stationary subgame-perfect equilibrium (SSPE … conditions for existence of stationary best responses additionally require either an equalizing condition or a minimality …

The strategic importance of commitment in bargaining is widely acknowledged. Yet disentangling its role from key … bargaining with strategic commitment at its core. Following Schelling (1956), commitment ability stems from the costly nature of … bargaining solution. Equilibria with delay feature a form of gradualism in demands …

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 …