OUTSIDE OPTIONS IN A BARGAINING MODEL WITH DECAY IN THE SIZE OF THE CAKE

被引:8
作者
DALMAZZO, A [1 ]
机构
[1] UNIV LONDON LONDON SCH ECON & POLIT SCI,LONDON WC2A 2AE,ENGLAND
关键词
D O I
10.1016/0165-1765(92)90137-N
中图分类号
F [经济];
学科分类号
02 ;
摘要
A simple bargaining model in which the cake decays over time at a positive rate is analysed. In the limit, the unique Perfect Equilibrium payoffs take the 'split-the-difference' form. (These results generalise to three-party bargaining.)
引用
收藏
页码:417 / 421
页数:5
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