Busch, Lutz-Alexander; Horstmann, Ignatius J - In: Economica 64 (1997) 256, pp. 669-80
This paper explores how bargaining frictions and bargaining procedures interact to determine players' bargaining costs in multiple-issue bargaining settings. When bargaining frictions take the form of discounting and agreements are implemented as they are reached, issue-by-issue negotiation can...