This paper studies infinite-horizon bargaining between a seller and multiple buyers when externalities are present. We … externalities. Since each buyer receives a positive payoff when the seller makes an agreement with some other buyer, positive … externalities induce a war of attrition between buyers. …

for the existence of an efficient equilibrium in coalitional bargaining with externalities and renegotiations," Operations …

offers, or both, prior to bargaining negotiations. We show that the timing of commitment attempts influences the goal of the …

This study proposes a non-cooperative coalitional bargaining game model to analyse wage negotiations between one … separately, considering wage contract externalities. We show that if the two workers are sufficiently complementary or if … externalities are more positive, there exists a grand-coalition SSPE of the bargaining game for any discount factor. However, if the …