Article ID Journal Published Year Pages File Type
5062392 Economics Letters 2007 9 Pages PDF
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.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Alternating offers in economic environments
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