characterized by a minmax problem involving efficient equilibrium payoffs that are above the bargaining frontier, which is possible …

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 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 analyze a dynamic bargaining game where parties can agree to implement a policy change, which is costly (beneficial …

available. Thus, our model features a special form of bargaining delay, in which agreements take place in multiple stages. Such …

bargaining model of price formation with asymmetric information. Under natural assumptions on type distributions, and for any …

I study a bilateral bargaining game in which the size of the surplus follows a stochastic process and in which players … might be optimistic about their bargaining power. Following Yildiz (2003), I model optimism by assuming that players have …