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Gradual Nash Bargaining with Endogenous Agenda: A Path-Dependent Model

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  • Julian J. Arevalo

    (Universidad Externado de Colombia)

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    Abstract

    This article proposes a method for considering the bargaining agenda as an endogenous phenomenon in gradual bargaining games, understood as being path-dependent processes. Some short, medium and long-term results for bargaining are presented, as well as a possible application for the model.

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    File URL: http://128.118.178.162/eps/game/papers/0502/0502004.pdf
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    Bibliographic Info

    Paper provided by EconWPA in its series Game Theory and Information with number 0502004.

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    Length: 22 pages
    Date of creation: 07 Feb 2005
    Date of revision:
    Handle: RePEc:wpa:wuwpga:0502004

    Note: Type of Document - pdf; pages: 22. Game theory, Bargaining, Path-Dependent Processes
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    Web page: http://128.118.178.162

    Related research

    Keywords: Game theory; Bargaining; Path-Dependent Processes;

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    References

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    1. Thomson, W., 1989. "Cooperative Models Of Bargaining," RCER Working Papers 177, University of Rochester - Center for Economic Research (RCER).
    2. Ehud Kalai, 1977. "Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons," Discussion Papers 179, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Binmore, Ken & Samuelson, Larry & Young, Peyton, 2003. "Equilibrium selection in bargaining models," Games and Economic Behavior, Elsevier, vol. 45(2), pages 296-328, November.
    4. Barry O'Neill & Dov Samet & Zvi Wiener & Eyal Winter, 2001. "Bargaining with an Agenda," Game Theory and Information 0110004, EconWPA.
    5. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    6. Ken Binmore & Larry Samuelson & Petyon Young, 2003. "Equilibrium Selection in Bargaining Models," Levine's Bibliography 506439000000000466, UCLA Department of Economics.
    7. Kalai, Ehud & Smorodinsky, Meir, 1975. "Other Solutions to Nash's Bargaining Problem," Econometrica, Econometric Society, vol. 43(3), pages 513-18, May.
    8. 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.
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