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

additional bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this may …

In this study, I examine the alternating‐offer bilateral bargaining model with private correlated values. The … limits and show that it is efficient, but the surplus split generally differs from the Nash bargaining split. I then … construct a double limit that approximates the Nash bargaining split in the ex post surplus, but with a delay. Further, I prove …

agreements. Informational differences provide an appealing explanation for bargaining inefficiencies. This chapter provides an … overview of the theoretical and empirical literature on bargaining with incomplete information.The chapter begins with an … analysis of bargaining within a mechanism design framework. A modern development is provided of the classic result that, given …

We consider ultimatum bargaining over the provision of a public good. Offer-maker and responder can delegate their …

bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this may harm also the …