We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …

We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …

The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary … vanishes, convergence to the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard …

The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is … the Nash bargaining solution of a modified bargaining problem and the Maximum Theorem implies convergence to the Nash … bargaining solution when time between proposals vanishes. The model unifies alternating offers, one-sided offers and random …

The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary … vanishes, convergence to the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard …

We propose a bargaining process supergame over the strategies to play in a non-cooperative game. The agreement reached … by players at the end of the bargaining process is the strategy profile that they will play in the original non … existence, uniqueness, and efficiency of the agreement reachable through this bargaining process. We illustrate the consequences …

We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …

applications to legislative bargaining and international trade negotiations …