We study a sequential bargaining game with a deadline from which the size of the cake decays. Two bargaining procedures are considered: a model with alternating-offers and a model with iterated simultaneous demands. We show that the bargaining game with alternating-offers has a unique SPE...

We study an alternating-offer bargaining game with a deadline from which the size of the cake decays. We consider both the cases of complete and one-sided incomplete information about players’ outside options. We characterize the set of strategy profiles that survive notions of iterated...