There has been a long debate on equilibrium characterization in the negotiation model when players have different time … bargaining frontier. However, when players have different time preferences, intertemporal trade may lead to continuation payoffs … above the bargaining frontier. We provide a thorough study of this problem without imposing the conventional assumption. Our …

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 …

We study strategic negotiation models featuring costless delay, general recognition procedures, endogenous voting …

This paper analyzes dynamically inconsistent time preferences in Rubinstein's (1982) seminal model of bargaining. When … exogenous breakdown risk, as well as in settings of intergenerational bargaining with imperfect altruism. The paper's main …

I revisit the Rubinstein (1982) model for the classic problem of price hag- gling and show that bargaining can become a … of fixed bargaining costs). Augmenting the protocol with unilateral exit options for responding bargainers generally …

We generalize the Rubinstein (1982) bargaining model by disentangling payoff delay from bargaining delay. We show that … respect to time discounting. All bargaining takes place within a single experimental session, so bargaining delay is …

We generalize the Rubinstein (1982) bargaining model by disentangling payoff delay from bargaining delay. We show that … respect to time discounting. All bargaining takes place within a single experimental session, so bargaining delay is …