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Strategic Bargaining in Search Models

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  • Jayasena, Arun
  • Libir, Mumi
  • Rahmat, Omar

Abstract

This paper provides a survey on strategic bargaining in decentralized markets with search frictions. We review how alternating-offers bargaining, renegotiation risks, and participation constraints shape outcomes in both random and directed search environments. We discuss implications for labor, product, and credit markets, with particular attention to cases where posted terms do not fully determine final outcomes.

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  • Jayasena, Arun & Libir, Mumi & Rahmat, Omar, 2025. "Strategic Bargaining in Search Models," SocArXiv u9b4c_v1, Center for Open Science.
    • Handle: RePEc:osf:socarx:u9b4c_v1
    DOI: 10.31219/osf.io/u9b4c_v1
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