A Note on Multi-Issue Two-Sided Bargaining: Bilateral Procedures
This note considers a two-sided multi-issue bargaining problem in which players that belong to the same "side" may have conflicting priorities regarding the different negotiated issues. The note examines different bilateral bargaining procedures and shows the different equilibrium settlement that they yield. In particular the note examines the posiibility that group heterogeneity (conflicting priorities) may be exploited in order to gain a better settlement.
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|Date of creation:||1998|
|Date of revision:|
|Contact details of provider:|| Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.|
Web page: http://econ.tau.ac.il/foerder/about
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- Merlo, Antonio & Wilson, Charles A, 1995. "A Stochastic Model of Sequential Bargaining with Complete Information," Econometrica, Econometric Society, vol. 63(2), pages 371-99, March.
- Vijay Krishna & Roberto Serrano, 1996. "Multilateral Bargaining," Review of Economic Studies, Oxford University Press, vol. 63(1), pages 61-80.
- Van Damme, Eric & Selten, Reinhard & Winter, Eyal, 1990.
"Alternating bid bargaining with a smallest money unit,"
Games and Economic Behavior,
Elsevier, vol. 2(2), pages 188-201, June.
- Van Damme, E. & Selten, R. & Winter, E., 1989. "Alternating Bid Bargaining With A Smallest Money Unit," Papers 8932, Tilburg - Center for Economic Research.
- van Damme, E.E.C. & Selten, R. & Winter, E., 1990. "Alternating bid bargaining with a smallest money unit," Other publications TiSEM b8a7cc1a-cef1-470a-9239-3, Tilburg University, School of Economics and Management.
- Erik van Damme & Reinhard Selten & Eyal Winter, 1989. "Alternating Bid Bargaining with a Smallest Money Unit," Discussion Paper Serie A 253, University of Bonn, Germany.
- van Damme, E.E.C. & Selten, R. & Winter, E., 1989. "Alternating bid bargaining with a smallest money unit," Discussion Paper 1989-32, Tilburg University, Center for Economic Research.
- Chaim Fershtman, 1986.
"The Importance of the Agenda in Bargaining,"
689, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Winter, Eyal, 1997. "Negotiations in multi-issue committees," Journal of Public Economics, Elsevier, vol. 65(3), pages 323-342, September.
- John Sutton, 1986. "Non-Cooperative Bargaining Theory: An Introduction," Review of Economic Studies, Oxford University Press, vol. 53(5), pages 709-724.
- Ariel Rubinstein, 2010.
"Perfect Equilibrium in a Bargaining Model,"
Levine's Working Paper Archive
661465000000000387, David K. Levine.
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