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Stationary equilibria in bargaining with externalities
Björnerstedt, Jonas; Westermark, Andreas - 2008
stationary subgame perfect equilibria in generic games is presented. Equilibria with delay exist only for strong positive …
Persistent link: https://www.econbiz.de/10010322004
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Collective hold-up
Iaryczower, Matiás; Oliveros, Santiago - In: Theoretical Economics 18 (2023) 3, pp. 1063-1100
agents increases inefficient delay and reduces agents' welfare. This occurs in spite of the lack of informational asymmetries …
Persistent link: https://www.econbiz.de/10014537034
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Decentralized bargaining in matching markets: Efficient stationary equilibria and the core
Elliott, Matthew L.; Nava, Francesco - In: Theoretical Economics 14 (2019) 1, pp. 211-251
positions. We ask under which conditions such markets clear efficiently and find that inefficiencies -- mismatch and delay … -- feature frequently. Mismatch occurs whenever an agent's bargaining position is at risk of deteriorating. Delay occurs whenever … agents expect their bargaining position to improve. Delay can be extensive and structured with vertically differentiated …
Persistent link: https://www.econbiz.de/10012215293
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Delays and partial agreements in multi-issue bargaining
Acharya, Avidit; Ortner, Juan - In: Journal of economic theory 148 (2013) 5, pp. 2150-2163
Persistent link: https://www.econbiz.de/10010196160
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Dynamic market for lemons with endogenous quality choice by the seller
Kawai, Keiichi - In: Games and economic behavior 84 (2014), pp. 152-162
Persistent link: https://www.econbiz.de/10010481223
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Backward induction and unacceptable offers
Houba, Harold; Wen, Quan - In: Journal of mathematical economics 54 (2014), pp. 151-156
Persistent link: https://www.econbiz.de/10011297090
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Stationary equilibria in bargaining with externalities
Björnerstedt, Jonas; Westermark, Andreas - 2008 - rev.
stationary subgame perfect equilibria in generic games is presented. Equilibria with delay exist only for strong positive …
Persistent link: https://www.econbiz.de/10010128002
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No compromise: uncertain costs in reputational bargaining
Fanning, Jack - In: Journal of economic theory 175 (2018), pp. 518-555
Persistent link: https://www.econbiz.de/10011980726
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Time-varying fairness concerns, delay, and disagreement in bargaining
Karagözoğlu, Emin; Keskin, Kerim - In: Journal of economic behavior & organization : JEBO 147 (2018), pp. 115-128
Persistent link: https://www.econbiz.de/10011985864
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Decentralized bargaining in matching markets : efficient stationary equilibria and the core
Elliott, Matthew L.; Nava, Francesco - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 1, pp. 211-251
positions. We ask under which conditions such markets clear efficiently and find that inefficiencies -- mismatch and delay … -- feature frequently. Mismatch occurs whenever an agent's bargaining position is at risk of deteriorating. Delay occurs whenever … agents expect their bargaining position to improve. Delay can be extensive and structured with vertically differentiated …
Persistent link: https://www.econbiz.de/10012020318