Agenda restrictions in multi-issue bargaining (II): unrestricted agendas
We study a bilateral multi-issue bargaining procedure with complete information and endogenous unrestricted agenda, in which offers can be made in any subset of outstanding issues. We find necessary and sufficient conditions for this procedure to have a unique subgame perfect equilibrium agreement.
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- Ariel Rubinstein, 2010.
"Perfect Equilibrium in a Bargaining Model,"
Levine's Working Paper Archive
661465000000000387, David K. Levine.
- Shaked, Avner & Sutton, John, 1984. "Involuntary Unemployment as a Perfect Equilibrium in a Bargaining Model," Econometrica, Econometric Society, vol. 52(6), pages 1351-64, November.
- Younghwan In & Roberto Serrano, 2000.
"Agenda Restrictions in Multi-Issue Bargaining,"
2000-08, Brown University, Department of Economics.
- Martin J. Osborne & Ariel Rubinstein, 2005. "Bargaining and Markets," Levine's Bibliography 666156000000000515, UCLA Department of Economics.
- Inderst, Roman, 2000.
"Multi-issue Bargaining with Endogenous Agenda,"
Games and Economic Behavior,
Elsevier, vol. 30(1), pages 64-82, January.
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