Stochastic sequential bargaining games (Merlo and Wilson (1995, 1998)) have found wide applications in various fields … "cake", to be rationalized by a sequential bargaining model. We show the common discount rate is identified, provided the …

observing the contract choice of the agent. We propose a characterization of renegotiation-proof states of this (re-)negotiation …

price them into the ex-ante credit spreads. Using a realistic dynamic bargaining model of reorganization, we show that the …

offers bargaining and repeated games. Generally, the negotiation game in general admits a large number of equilibriums but …Our paper considers a 'negotiation game' between two players which combines the features of two-players alternating … some of which involve delay and inefficiency. Thus, complexity and bargaining in tandem may offer an explanation for …

with a common third party - when, for example, two firms (or unions), who are bargaining with the same, indispensable …, outside party, will want to merge and bargain as one. I use a non-cooperative sequential bargaining model to analyze this … production. This result, however, depends on an exogenously fixed sequence of bargaining. I allow the bargaining sequence to be …

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 …

two sources: the traders discount future payoffs and there are transaction costs of bargaining. Equilibrium behavior … relative bargaining costs. This contrasts with the pure discounting model where termination never occurs, and the pure …

the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at … ; Cover Function ; Bargaining ; Symmetric Game ; Network …