Bargaining with Endogenous Deadlines
(2001)
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2001-21.pdf
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Details
- Authors
- Abstract
- We develop a two-person negotiation model with complete information which makes endogenous both the deadline and the level of surplus destructionafter the deadline. We show that the equilibrium outcome is alwaysuniquebut might be inefficient. Moreover, as the bargaining periodbecomesshort or as the players become very patient, the unique outcomeis alwaysinefficient.
- Affiliations
Citations
Mauleon, A., & Vannetelbosch, V. (2001). Bargaining with Endogenous Deadlines (ECON Working Paper 2001/21). https://hdl.handle.net/2078.5/59868