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Nash bargaining is implementable via two-stage rights structures

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  • Yıldız, Kemal

Abstract

Koray and Yildiz (2018) introduces a new framework for implementation in which the main tool to design is the rights structure introduced by Sertel (2001).It was assumed that there is only one stage to obtain the equilibrium outcome of a rights structure.We formulate implementation via two-stage rights structures and show that the Nash bargaining solution is implementable via two-stage rights structures.

Suggested Citation

  • Yıldız, Kemal, 2025. "Nash bargaining is implementable via two-stage rights structures," Journal of Economic Behavior & Organization, Elsevier, vol. 238(C).
    • Handle: RePEc:eee:jeborg:v:238:y:2025:i:c:s0167268125003336
    DOI: 10.1016/j.jebo.2025.107214
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    References listed on IDEAS

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    JEL classification:

    • D0 - Microeconomics - - General
    • C0 - Mathematical and Quantitative Methods - - General

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