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Gradual Nash Bargaining with Endogenous Agenda: A Path-Dependent Model

Author

Listed:
  • Julian J. Arevalo

    (Universidad Externado de Colombia)

Abstract

This article proposes a method for considering the bargaining agenda as an endogenous phenomenon in gradual bargaining games, understood as being path-dependent processes. Some short, medium and long-term results for bargaining are presented, as well as a possible application for the model.

Suggested Citation

  • Julian J. Arevalo, 2005. "Gradual Nash Bargaining with Endogenous Agenda: A Path-Dependent Model," Game Theory and Information 0502004, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpga:0502004
    Note: Type of Document - pdf; pages: 22. Game theory, Bargaining, Path-Dependent Processes
    as

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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/game/papers/0502/0502004.pdf
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    References listed on IDEAS

    as
    1. Kalai, Ehud & Smorodinsky, Meir, 1975. "Other Solutions to Nash's Bargaining Problem," Econometrica, Econometric Society, vol. 43(3), pages 513-518, May.
    2. Kalai, Ehud, 1977. "Proportional Solutions to Bargaining Situations: Interpersonal Utility Comparisons," Econometrica, Econometric Society, vol. 45(7), pages 1623-1630, October.
    3. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    4. Thomson, William, 1994. "Cooperative models of bargaining," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 2, chapter 35, pages 1237-1284, Elsevier.
    5. O'Neill, Barry & Samet, Dov & Wiener, Zvi & Winter, Eyal, 2004. "Bargaining with an agenda," Games and Economic Behavior, Elsevier, vol. 48(1), pages 139-153, July.
    6. Flamini, Francesca, 2007. "First things first? The agenda formation problem for multi-issue committees," Journal of Economic Behavior & Organization, Elsevier, vol. 63(1), pages 138-157, May.
    7. Ken Binmore & Larry Samuelson & Petyon Young, 2003. "Equilibrium Selection in Bargaining Models," Levine's Bibliography 506439000000000466, UCLA Department of Economics.
    8. Binmore, Ken & Samuelson, Larry & Young, Peyton, 2003. "Equilibrium selection in bargaining models," Games and Economic Behavior, Elsevier, vol. 45(2), pages 296-328, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Game theory; Bargaining; Path-Dependent Processes;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty

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    This paper has been announced in the following NEP Reports:

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