In his article, Ewerhart argues that agents with inequity-averse preferences may overcome the hold-up problem. In this discussion, I focus on the underlying assumptions that he makes and point to some limitations of the model

In the context of bilateral bargaining,we deal with issue linkage by developing a two-issue-two-players cooperative bargaining model. The axioms we propose focus on the role of the disagreement points. A family of bargaining rule stands out: the monotonic equal net ratio solutions. These...