Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10002802315
We study ultimatum bargaining games with asymmetric information regarding disagreement payoffs. Results from Mensch (2020) are used to find conditions under which a monotonic equilibrium exists in these games. A standard single crossing assumption implies the existence of a monotonic Nash...
Persistent link: https://www.econbiz.de/10014356837
There has been much discussion about what issues should be included in international 'trade' negotiations. Different countries, firms, and activist groups have quite different views regarding which items should (or should not) be negotiated together. Proposals run the gamut from no linking to...
Persistent link: https://www.econbiz.de/10014065267
I include a role for time preferences within a version of the Young (J. Econ. Theory 59:145-168, 1993b) evolutionary model of bargaining. With or without time preferences, the stochastic stable convention yields a generalized version of the Nash (Econometrica 18:155–162, 1950) Bargaining...
Persistent link: https://www.econbiz.de/10014198621
There has been much discussion about what issues should be included in international "trade" negotiations. Different countries, firms, and activist groups have quite different views regarding which items should (or should not) be negotiated together. Proposals run the gamut from no linking to...
Persistent link: https://www.econbiz.de/10014198629