Bargaining over perfect complements owned separately: With experimental test
AbstractThis paper considers the situation in which two perfect complements belong to different owners. We calculate the Bayesian-Nash equilibrium in the mechanism of kÂ +Â 1Â -Â price bargaining with private value, and did experiment to test the theory.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 107 (2010)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/ecolet
Perfect complements Experimental economics;
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