Bargaining in a non-stationary environment

We study an alternating offers bargaining model in which the set of possible utility pairs evolves through time in a non-stationary, but smooth manner. In general, there exists a multiplicity of subgame perfect equilibria. However, we show that in the limit as the time interval between two consecuti...

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Bibliographic details

Volume:	109
Main Author:	Coles, Melvyn G Muthoo, Abhinay
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	SAN DIEGO Elsevier Inc 2003 ACADEMIC PRESS INC ELSEVIER SCIENCE Elsevier Elsevier B.V
published in:	Journal of economic theory Vol. 109; no. 1; pp. 70 - 89
Data of publication:	2003
ISSN:	0022-0531 1095-7235
EISSN:	1095-7235
Discipline:	Economics
Series:	Journal of Economic Theory
Subjects:	Alternating offers Subgame perfect equilibrium Non-stationary environment Economics Business & Economics Social Sciences Equilibrium (Economics) Models Deals Games of strategy (Mathematics) Environmental economics United States D4 C7 Alternating offers Subgame perfect equilibrium Non-stationary environment MONEY non-stationary environment subgame perfect equilibrium SEARCH EQUILIBRIUM alternating offers MODEL UNEMPLOYMENT
Online Access:	available in Bonn?
Database:	Social Sciences Citation Index Web of Knowledge Web of Science Web of Science - Social Sciences Citation Index - 2003 RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS