Article ID Journal Published Year Pages File Type
5072199 Games and Economic Behavior 2012 16 Pages PDF
Abstract
► A game in which pairs of players connected in a network are randomly matched to bargain. ► MPEs always exist. ► MPE payoffs are not necessarily unique. ► A method for constructing pure strategy MPEs for high discount factors is developed. ► For some networks, all MPEs are asymptotically inefficient as players become patient.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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