We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …

We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …

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 …

models of bargaining, to cooperative game-theoretic notions of the core, or notions of coalition-proofness in noncooperative …

I study intermediation in networked markets using a stochastic model of multilateral bargaining in which traders …

effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to … strategically equivalent bargaining situations in which no ex ante contract was written. The ex ante contract causes sellers to ask … for markups that are 45 percent lower than in strategically equivalent bargaining situations without an initial contract …

This paper analyzes the effects of taxation on information acquisition and bilateral trade in decentralized markets. We … show that a profit tax and a transaction tax have opposite implications for equilibrium outcome in bargaining. A marginal … information and increases the probability of trade. In markets where there are gains from trade and private information …