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