Similar Search Results

Stochastic Orders of Proposing Players in Bargaining

Houba, Harold - Tinbergen Instituut - 2005

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 …

Persistent link: https://www.econbiz.de/10011255513

Costless Delay in Negotiations

Herings, P. Jean-Jacques; Houba, Harold - Tinbergen Instituut - 2015

We study strategic negotiation models featuring costless delay, general recognition procedures, endogenous voting orders, and finite sets of alternatives. Two examples show: 1. non-existence of stationary subgame-perfect equilibrium (SSPE). 2. the recursive equations and optimality conditions...

Persistent link: https://www.econbiz.de/10011255692

The Condorcet Paradox Revisited

Herings, P. Jean-Jacques; Houba, Harold - Tinbergen Instituut - 2010

We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …

Persistent link: https://www.econbiz.de/10011255823

Alternating Offers in Economic Environments

Houba, Harold - Tinbergen Instituut

bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary subgame perfect … the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard optimization …

Persistent link: https://www.econbiz.de/10011256390

The Economics of Transboundary River Management

Ansink, Erik; Houba, Harold - Tinbergen Instituut - 2014

We survey the economics of transboundary river water allocation, which emerged in the 1960s and has matured over the last decade due to increasing concerns over water scarcity and pollution. We outline the major approaches and pay specific attention to the strategic aspects of transboundary...

Persistent link: https://www.econbiz.de/10011257048

Perfect Equilibria in a Negotiation Model with Different Time Preferences

Houba, Harold; Wen, Quan - Tinbergen Instituut - 2006

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/10011257339

Extreme Equilibria in a General Negotiation Model

Houba, Harold; Wen, Quan - Tinbergen Instituut - 2007

</I> (2011), Vol. 73, pp.507–516.<P> We study a bargaining model with a disagreement game between offers and counteroffers. In …

Persistent link: https://www.econbiz.de/10011257375