Agenda Formation in Issue-by-Issue Bargaining Games
AbstractThis paper investigates the agenda formation problem by means of two-player two-cake sequential bargaining models. Players differ not only in their time preferences but also for their cake valuations; moreover they face a risk of breakdown in the negotiation process. The main model is characterised by risk of breakdown after the agreement on the first issue, transmission of delays between the negotiations over the two issues, and alternating offer (both after a rejection and an acceptance). Alternative models also are analysed to highlight the complex interplay of forces in the bargaining process over different issues.
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Bibliographic InfoPaper provided by Exeter University, Department of Economics in its series Discussion Papers with number 0001.
Length: 30 pages
Date of creation: 2000
Date of revision:
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BARGAINING ; GAME THEORY;
Find related papers by JEL classification:
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
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