Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5072278 | Games and Economic Behavior | 2013 | 15 Pages |
Abstract
⺠I study a stochastic bargaining game in which players have optimistic beliefs. ⺠I show that the unique SPE of this game might involve inefficient delays. ⺠I also show that inefficiencies disappear when players can make offers frequently.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Juan Ortner,