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A Comment on "Transparency, Complementarity and Holdout"

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  • Maurya, Amit Kumar

Abstract

The paper is a comment on "Transparency, Complementarity and Holdout" by Roy Chowdhury and Sengupta(2012). They analyse a model of multilateral bargaining under the assumption of common discount factor. We show a strong drawback of employing such an assumption.

Suggested Citation

  • Maurya, Amit Kumar, 2018. "A Comment on "Transparency, Complementarity and Holdout"," MPRA Paper 89522, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:89522
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    File URL: https://mpra.ub.uni-muenchen.de/89522/1/MPRA_paper_89522.pdf
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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. Roy Chowdhury, Prabal & Sengupta, Kunal, 2012. "Transparency, complementarity and holdout," Games and Economic Behavior, Elsevier, vol. 75(2), pages 598-612.
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    More about this item

    Keywords

    Multilateral bargaining; discount factors;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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