This paper presents an analysis of cooperation in the context of a repeated rent-seeking game that can be thought of as modeling bilateral situations such as military/political conflict, labor/business lobbying, gang/illegal activities, or criminal/civil law suits. The potential for mutually advantageous agreements is explored using the repeated nature of the game as the mechanism that sustains the cooperation. The Nash bargaining solution is applied to symmetric as well as asymmetric rent-seeking situations. The asymmetries can derive from the players valuing the rent differently or choosing sequentially. Copyright 1994 by Kluwer Academic Publishers
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:81:y:1994:i:1-2:p:23-34. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.