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Bargaining through Approval

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  • Núñez, Matías
  • Laslier, Jean-François

Abstract

The paper considers two-person bargaining under Approval Voting. It first proves the existence of pure strategy equilibria. Then it shows that this bargaining method ensures that both players obtain at least their mean utility level in equilibrium. Finally it proves that, provided that the players are partially honest, the mechanism triggers sincerity and ensures that no alternative Pareto dominates the outcome of the game.

Suggested Citation

  • Núñez, Matías & Laslier, Jean-François, 2015. "Bargaining through Approval," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 63-73.
  • Handle: RePEc:eee:mateco:v:60:y:2015:i:c:p:63-73
    DOI: 10.1016/j.jmateco.2015.06.015
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    Cited by:

    1. Laslier, Jean-François & Núñez, Matías & Remzi Sanver, M., 2021. "A solution to the two-person implementation problem," Journal of Economic Theory, Elsevier, vol. 194(C).
    2. Laslier, Jean-François & Núñez, Matías & Pimienta, Carlos, 2017. "Reaching consensus through approval bargaining," Games and Economic Behavior, Elsevier, vol. 104(C), pages 241-251.
    3. Jean-François Laslier & Matías Núñez & Carlos Pimienta, 2015. "Reaching Consensus Through Simultaneous Bargaining," Discussion Papers 2015-08, School of Economics, The University of New South Wales.
    4. Salvador Barberà & Danilo Coelho, 2022. "Compromising on compromise rules," RAND Journal of Economics, RAND Corporation, vol. 53(1), pages 95-112, March.
    5. Núñez, Matías, 2015. "Threshold voting leads to Type-Revelation," Economics Letters, Elsevier, vol. 136(C), pages 211-213.

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    More about this item

    Keywords

    Two-agents; Approval Voting; Efficiency; Partial honesty;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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