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Bargaining and Exclusion With Multiple Buyers

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  • Dilip Abreu
  • Mihai Manea

Abstract

A seller trades with q out of n buyers who have valuations a1 ≥ a2 ≥ ⋯ ≥ an > 0 via sequential bilateral bargaining. When q

Suggested Citation

  • Dilip Abreu & Mihai Manea, 2024. "Bargaining and Exclusion With Multiple Buyers," Econometrica, Econometric Society, vol. 92(2), pages 429-465, March.
    • Handle: RePEc:wly:emetrp:v:92:y:2024:i:2:p:429-465
    DOI: 10.3982/ECTA19675
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    References listed on IDEAS

    as
    1. Rubinstein, Ariel, 1982. "Perfect Equilibrium in a Bargaining Model," Econometrica, Econometric Society, vol. 50(1), pages 97-109, January.
    2. Kate Ho & Robin S. Lee, 2019. "Equilibrium Provider Networks: Bargaining and Exclusion in Health Care Markets," American Economic Review, American Economic Association, vol. 109(2), pages 473-522, February.
    3. Ken Binmore & Ariel Rubinstein & Asher Wolinsky, 1986. "The Nash Bargaining Solution in Economic Modelling," RAND Journal of Economics, The RAND Corporation, vol. 17(2), pages 176-188, Summer.
    4. Elliott, Matthew L. & Nava, Francesco, 2019. "Decentralized bargaining in matching markets: efficient stationary equilibria and the core," Theoretical Economics, Econometric Society, vol. 14(1), January.
    5. Soheil Ghili, 2022. "Network Formation and Bargaining in Vertical Markets: The Case of Narrow Networks in Health Insurance," Marketing Science, INFORMS, vol. 41(3), pages 501-527, May.
    6. Ariel Rubinstein & Asher Wolinsky, 1990. "Decentralized Trading, Strategic Behaviour and the Walrasian Outcome," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(1), pages 63-78.
    7. Manea, Mihai, 2021. "Bottleneck links, essential intermediaries and competing paths of diffusion in networks," Theoretical Economics, Econometric Society, vol. 16(3), July.
    8. Maskin, Eric & Tirole, Jean, 2001. "Markov Perfect Equilibrium: I. Observable Actions," Journal of Economic Theory, Elsevier, vol. 100(2), pages 191-219, October.
    9. Mihai Manea, 2018. "Intermediation and Resale in Networks," Journal of Political Economy, University of Chicago Press, vol. 126(3), pages 1250-1301.
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    Cited by:

    1. Coleff, Joaquín & Rubbini, Camilo, 2025. "On licensing sequential cost-reducing innovations," Economics Letters, Elsevier, vol. 246(C).

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