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The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting …
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We study the alternating-offers bargaining problem of assigning an indivisible and commonly valued object to one of two … veto power over any settlement. There is no depreciation during the bargaining process which involves signalling of private …
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additional bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this may …
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In this study, I examine the alternating‐offer bilateral bargaining model with private correlated values. The … limits and show that it is efficient, but the surplus split generally differs from the Nash bargaining split. I then … construct a double limit that approximates the Nash bargaining split in the ex post surplus, but with a delay. Further, I prove …
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