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文章基本信息

  • 标题:Consistent Bargaining
  • 本地全文:下载
  • 作者:Oz Shy
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2010
  • 卷号:30
  • 期号:2
  • 页码:1425-1432
  • 出版社:Economics Bulletin
  • 摘要:This short paper demonstrates that the equilibrium payoffs of an alternating-offers bargaining game over a unit of surplus converge to equal division provided that the parties are allowed to bargain over all the surpluses generated by the "right" to be the first to make offers. The result obtained in the present paper may provide some "justification" for other division procedures such as the divide-and-choose or the moving-knife mechanisms
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