| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061840 | Economics Letters | 2008 | 4 Pages |
Abstract
We provide a simple characterization of the stationary subgame perfect equilibrium of an alternating offers bargaining game when the number of players increases without a limit. Core convergence literature is emulated by increasing the number of players by replication. The limit allocation is interpreted in terms of Walrasian market for being the first proposer.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Klaus Kultti, Hannu Vartiainen,