Article ID Journal Published Year Pages File Type
5072095 Games and Economic Behavior 2012 15 Pages PDF
Abstract
► One-buyer-many-seller two-sided non-cooperative bargaining model. ► Transparency of bargaining protocol 'improves' efficiency. ► The 'presence' of outside options for the buyer 'improves' efficiency. ► Efficient equilibrium exists whenever technology does not exhibit too much complementarity.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Transparency, complementarity and holdout
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