Consider the case of a firm with private valuation information bargaining with a supplier over the price and quantity … of a good. If the firm and the supplier bargain directly, the bargaining outcome may not yield a first-best outcome due … to the presence of information rents. The question we examine in this paper is whether these direct bargaining …

To investigate players' incentives in coalition formation, we consider a legislative bargaining game with asymmetric … information about time preferences. The force that does not exist in usual bargaining games with unanimity is that due to majority …

offers bargaining and repeated games. Despite the forces of bargaining, the negotiation game in general admits a large number … equilibria survive. Thus, complexity and bargaining in tandem may offer an explanation for co-operation in repeated games …

Admati and Perry (1987) derive the equilibrium in a bargaining game between a seller and buyer when the buyer … equilibrium for this bargaining game with asymmetric information and outside options. It turns out that giving the seller an …

We consider a model of bargaining by concessions where agents can terminate negotiations by accepting the settlement of …

-person alternating offers bargaining and repeated games. Despite the forces of bargaining, the negotiation game in general admits a large …. Thus, complexity and bargaining in tandem may offer an explanation for co-operation and efficiency in repeated games …

bargaining in the presence of externalities. Similarly to Segal's work, we prove our results for highly general settings, and …

We study perfect information bilateral bargaining game with an infinite alternating-offers procedure, in which we add … utility than what she was offered in earlier stages of the bargaining, namely, a ``worse off'' outcome. In a strong version of …

Rubinstein Safra and Thomson (1992) introduced the Ordinal Nash Bargaining Solution. They proved that Pareto Optimality … a finite set of alternatives. We then introduce the Ordinal Egalitarian Bargaining Solution. We show both for a space of …