Alternating Offers in Economic Environments

    Research output: Contribution to JournalArticleAcademic

    Abstract

    For positive time between proposals, stationary SPE (physical) allocations in alternating offers bargaining correspond to an asymmetric Nash bargaining solution. By the Maximum Theorem, convergence when time between proposals vanishes is immediate. Theoretical results are extended, numerical implementation is straightforward. © 2007 Elsevier B.V. All rights reserved.
    Original languageEnglish
    Pages (from-to)316-324
    JournalEconomics Letters
    Volume96
    DOIs
    Publication statusPublished - 2007

    Fingerprint

    Dive into the research topics of 'Alternating Offers in Economic Environments'. Together they form a unique fingerprint.

    Cite this