A Note on Agenda Restrictions in Multi-Issue Bargaining
We study the effects of a between-cake discount factor in the agenda selection problem faced by a multi-issue committee. The presence of an interval of time between bargaining stages is a reasonable and realistic assumption. We show that this assumption simplifies the agenda selection problem strongly. In particular, the equilibrium multiplicity obtained in In and Serrano (2002) does not hold: a unique SPE can be established among the sequential bargaining procedures.
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- Muthoo Abhinay, 1995. "Bargaining in a Long-Term Relationship with Endogenous Termination," Journal of Economic Theory, Elsevier, vol. 66(2), pages 590-598, August.
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Sonderforschungsbereich 504 Publications
98-35, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
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"First things first? The agenda formation problem for multi-issue committees,"
Journal of Economic Behavior & Organization,
Elsevier, vol. 63(1), pages 138-157, May.
- Francesca Flamini, . "First Things First? The Agenda Formation Problem for Multi-issue Committees," Working Papers 2001_19, Business School - Economics, University of Glasgow.
- In, Younghwan & Serrano, Roberto, 2003.
"Agenda restrictions in multi-issue bargaining (II): unrestricted agendas,"
Elsevier, vol. 79(3), pages 325-331, June.
- Younghwan In & Roberto Serrano, 2002. "Agenda Restrictions in Multi-Issue Bargaining (II): Unrestricted Agendas," Departmental Working Papers wp0206, National University of Singapore, Department of Economics.
- Younghwan In & Roberto Serrano, 2000.
"Agenda Restrictions in Multi-Issue Bargaining,"
2000-08, Brown University, Department of Economics.
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