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This paper shows that any attempt to deviate from the basic bargaining line is doomed to fail. The Cournot attempt results in undistributed pie, while the Rubinstein-Binmore one in insufficient distribution. Discount rate may be important to bargaining, but game theorists have not been...
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oligopoly. This paper proposes a non-cooperative foundation for “Nash-in-Nash” bargaining that extends the Rubinstein (1982 …
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