期刊名称:Departmental Discussion Papers / University of Glasgow, Department of Economics
出版年度:2003
卷号:1
出版社:University of Glasgow, Department of Economics
摘要:We study the effects of a between-cake discount factor in the agenda selection problem
faced by a multi-issue committee. The presence of an interval of time between
bargaining stages is a reasonable and realistic assumption. We show that this assumption
simplifies the agenda selection problem strongly. In particular, the equilibrium
multiplicity obtained in In and Serrano (2002) does not hold: a unique SPE can be
established among the sequential bargaining procedures.