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Persistent link: https://www.econbiz.de/10005408831
This paper studies infinite-horizon bargaining between a seller and multiple buyers when externalities are present. We extend the analysis in Jehiel and Moldovanu by allowing for both pure and mixed equilibria [Jehiel, P., Moldovanu, B., 1995a. Cyclical delay in bargaining with externalities....
Persistent link: https://www.econbiz.de/10005408835
Persistent link: https://www.econbiz.de/10005409119