Swope, Kurtis; Schmitt, Pamela; Cadigan, John; Shupp, Robert - Economics Department, United States Naval Academy - 2009
Bilateral monopoly, land assembly, and unanimous-consent Coasian bargaining present interesting strategic questions because they involve division of an economic surplus without competition to temper bargaining demands. We present a behavioral bargaining model in which payoff-maximizing proposers...
