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Bargaining through Approval

Author

Listed:
  • Matias Nunez

    () (Université de Cergy-Pontoise, THEMA)

  • Jean-Francois Laslier

    (CNRS- Paris School of Economics)

Abstract

The paper considers two-person bargaining under Approval Voting. It first proves the existence of pure strategy equilibria. Then it shows that this bargaining method ensures that both players obtain at least their average and median utility level in equilibrium. Finally it proves that, provided that the players are partially honest, the mechanism triggers sincerity and ensures that no alternative Pareto dominates the outcome of the game.

Suggested Citation

  • Matias Nunez & Jean-Francois Laslier, 2014. "Bargaining through Approval," THEMA Working Papers 2014-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  • Handle: RePEc:ema:worpap:2014-06
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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.
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Laslier, Jean-François & Núñez, Matías & Pimienta, Carlos, 2017. "Reaching consensus through approval bargaining," Games and Economic Behavior, Elsevier, vol. 104(C), pages 241-251.
    2. Núñez, Matías, 2015. "Threshold voting leads to Type-Revelation," Economics Letters, Elsevier, vol. 136(C), pages 211-213.

    More about this item

    Keywords

    Bargaining; Approval Voting; Efficiency; Partial Honesty;

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D7 - Microeconomics - - Analysis of Collective Decision-Making

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