Article ID Journal Published Year Pages File Type
5061888 Economics Letters 2008 4 Pages PDF
Abstract

For bilateral stochastic bargaining procedures embedded in stable homogeneous continuous-time Markov processes, we show unusual limit results when time between rounds vanish. Standard convergence results require that some states are instantaneous.

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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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On continuous-time Markov processes in bargaining
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