Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072156 | Games and Economic Behavior | 2011 | 11 Pages |
Abstract
⺠We consider negotiations selecting one-dimensional policies. ⺠Individuals have instantaneous single-peaked and they are impatient. ⺠Decisions arise from a random proposer bargaining game and supermajority approval. ⺠Sufficient conditions that guarantee the existence of a unique equilibrium are provided. ⺠For symmetric environments unanimity is the unanimously preferred majority rule.
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Economics and Econometrics
Authors
Daniel Cardona, Clara Ponsati,