Ausubel, Lawrence M.; Cramton, Peter; Deneckere, Raymond J. - In: Handbook of game theory with economic applications : …, (pp. 1897-1945). 2002
agreements. Informational differences provide an appealing explanation for bargaining inefficiencies. This chapter provides an … overview of the theoretical and empirical literature on bargaining with incomplete information.The chapter begins with an … analysis of bargaining within a mechanism design framework. A modern development is provided of the classic result that, given …