Bargaining Order in a Multi-Person Bargaining Game
AbstractThis paper studies a complete-information bargaining game with one buyer and multiple sellers of di¤erent ?sizes? or bargaining strengths. The bargaining order is determined by the buyer. If the buyer can commit to a bargaining order, there is a unique subgame perfect equilibrium outcome where the buyer bargains in order of increasing size ? from the smallest to the largest. If the buyer cannot commit to a bargaining order and the sellers are su¢ ciently di¤erent, there is also a unique subgame perfect equilibrium outcome again with the order of increasing size.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 1150.
Length: 34 pages
Date of creation: 2012
Date of revision:
Contact details of provider:
Postal: Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia
Phone: +61 3 8344 5355
Fax: +61 3 8344 6899
Web page: http://www.economics.unimelb.edu.au
More information through EDIRC
multi-person bargaining; bargaining order;
Find related papers by JEL classification:
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-23 (All new papers)
- NEP-GTH-2012-07-23 (Game Theory)
- NEP-MIC-2012-07-23 (Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Prabal Roy Chowdhury & Kunal Sengupta, 2008.
"Multi-person bargaining with complementarity: Is there holdout?,"
Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers
08-10, Indian Statistical Institute, New Delhi, India.
- Roy Chowdhury, Prabal & Sengupta, Kunal, 2008. "Multi-person Bargaining With Complementarity: Is There Holdout?," MPRA Paper 11517, University Library of Munich, Germany.
- Muthoo,Abhinay, 1999. "Bargaining Theory with Applications," Cambridge Books, Cambridge University Press, number 9780521576475.
- Flamini, Francesca, 2007.
"First things first? The agenda formation problem for multi-issue committees,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 63(1), pages 138-157, May.
- Francesca Flamini, . "First Things First? The Agenda Formation Problem for Multi-issue Committees," Working Papers 2001_19, Business School - Economics, University of Glasgow.
- Amit Kumar Maurya & Shubhro Sarkar, 2013. "Bargaining order and delays in multilateral bargaining with asymmetric sellers," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2013-015, Indira Gandhi Institute of Development Research, Mumbai, India.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Aminata Doumbia).
If references are entirely missing, you can add them using this form.