Article ID Journal Published Year Pages File Type
5062802 Economics Letters 2006 6 Pages PDF
Abstract

This paper presents a non-cooperative two-agent, two-period complete information bargaining model that introduces gradual concession (as observed, for example, in labor negotiations). The capacity of concession may affect the agents' payoffs in a non-monotonic way since its change may cause the timing of agreement to change.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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