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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 …
Persistent link: https://www.econbiz.de/10014027199
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 …
Persistent link: https://www.econbiz.de/10011316539
This research states the stylised n (more than two) players' splitting problem as a mathematical programme, relying on definitions of the values of the game and problem stationarity to generate tractable reduced forms, and derives the known solutions according to the properties of pertaining...
Persistent link: https://www.econbiz.de/10011524731
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 …
Persistent link: https://www.econbiz.de/10012806463
I study the evolutionary stability of 'mildly responsive' behavioural rules in a bargaining game. Individuals in a … follow that particular rule. Stability of the population requires the existence of a state (or configuration of demands made …
Persistent link: https://www.econbiz.de/10012911403
I study the process of bargaining over a pie of fixed size under the Nash demand game protocol. Motivated by the … argument that the manner in which bargaining unfolds often depends on antecedents, I embed the bargaining process in a … behavioural trait (i.e. manner of responding to past information) that outperforms any other behavioural trait in the bargaining …
Persistent link: https://www.econbiz.de/10012918392
offers, or both, prior to bargaining negotiations. We show that the timing of commitment attempts influences the goal of the …
Persistent link: https://www.econbiz.de/10012898894
We study the alternating-offers bargaining problem of assigning an indivisible and commonly valued object to one of two … veto power over any settlement. There is no depreciation during the bargaining process which involves signalling of private …
Persistent link: https://www.econbiz.de/10010373492
We study the alternating-offer bargaining problem of sharing a common value pie under incomplete information on both …
Persistent link: https://www.econbiz.de/10010373493
Committee voting has mostly been investigated from the perspective of the standard Baron-Ferejohn model of bargaining … over the division of a pie, in which bargaining ends as soon as the committee reaches an agreement. In standing committees …
Persistent link: https://www.econbiz.de/10009578203