| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5071968 | Games and Economic Behavior | 2012 | 11 Pages |
Abstract
⺠We discuss an evolutionary model of bargaining with advanced production. ⺠Agents first invest in the production of a pie, and then bargain over its division. ⺠With cost heterogeneity, the stochastically stable equilibrium may be inefficient. ⺠This contrast with the results in Ellingsen and Robles (2002) and Troger (2002).
Related Topics
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Economics and Econometrics
Authors
Luciano Andreozzi,