Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10008907400
Persistent link: https://www.econbiz.de/10009731093
We study a model in which heterogeneous agents first form a trading network where link formation is costless. Then, a seller and a buyer are randomly selected among the agents to bargain through a chain of intermediaries. We determine both the trading path and the allocation of the surplus among...
Persistent link: https://www.econbiz.de/10009702239
Persistent link: https://www.econbiz.de/10010228372
Persistent link: https://www.econbiz.de/10010204234
We consider Rubinstein’s two-person alternating-offer bargaining model with two-sided incomplete information. We investigate the effects of one party having relative concerns about the bargaining outcome and the delay in reaching an agreement. We find that facing an opponent with stronger...
Persistent link: https://www.econbiz.de/10009785434
Persistent link: https://www.econbiz.de/10002162923
Persistent link: https://www.econbiz.de/10001700068
Persistent link: https://www.econbiz.de/10001638461
Persistent link: https://www.econbiz.de/10001613832