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Subgame perfect equilibria in model with bargaining costs varying in time

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  • Agnieszka Rusinowska

Abstract

The paper presents the bargaining model in which preferences of each player are expressed by the sequence of bargaining costs varying in time. There are theorems describing subgame perfect equilibria for some models with the bargaining costs varying in time. In the class of strategies independent of the former history, a delay in reaching an agreement of subgame perfect equilibrium is impossible. However, if strategies depend on the former history of the game, then an agreement can be reached with delay. An adequate example in which a delay appears is presented. Copyright Springer-Verlag Berlin Heidelberg 2002

Suggested Citation

  • Agnieszka Rusinowska, 2002. "Subgame perfect equilibria in model with bargaining costs varying in time," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 56(2), pages 303-313, November.
    • Handle: RePEc:spr:mathme:v:56:y:2002:i:2:p:303-313
    DOI: 10.1007/s001860200219
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    Citations

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    Cited by:

    1. Ahmet Ozkardas & Agnieszka Rusinowska, 2013. "An application of wage bargaining to price negotiation with discount factors varying in time," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00881151, HAL.
    2. Ahmet Ozkardas & Agnieszka Rusinowska, 2012. "Wage bargaining with discount rates varying in time under exogenous strike decisions," Post-Print halshs-00674033, HAL.
    3. Ahmet Ozkardas & Agnieszka Rusinowska, 2014. "Wage bargaining with discount rates varying in time under different strike decisions," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00975533, HAL.

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