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  • 标题:Multilateral negotiations with private side-deals: a multiplicity example
  • 本地全文:下载
  • 作者:Roberto Serrano ; Sandeep Baliga
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2001
  • 卷号:3
  • 出版社:Economics Bulletin
  • 摘要:We study a multilateral negotiation procedure that allows for "partial agreements" in which responders are told only their own shares. Applications of our model include negotiations under "joint and several liability." Unlike previous models of multilateral bargaining with exit, we find that there are multiple equilibrium outcomes.
  • 关键词:imperfect information
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