Econometric Society 57th European Meeting
25th August 2002 - 28th August 2002, Venice, Italy

Home Page
Programme
Papers
Presenters
 
Contact Us
Search this CD-ROM for: View the Latest Programme Information

THE NON TRANSFERABLE UTILITY BARGAINING MODEL WITH TWO PRIVATELY INFORMED AND PATIENT PLAYERS


Category: Economic Theory
Bargaining
Wednesday 28th August 2002, 09:30 - 11:00, Room: 1.5
Session Chair(s): Andreas Westermark, Uppsala University, SWEDEN

Presenter(s): Spinnewyn, Frans

Co-Author(s): Kim, Helena

Keyword(s): Bargaining Models, Mechanism Design, Risk Limits

JEL(s): C72, C78, D71, D74, D82

Abstract:

For a NTU-bargaining game with two privately informed and patient players and an exogenously fixed disagreement outcome, consider any ex-ante efficient social choice function which is truthfully implementable in Bayesian Nash equilibrium with a fixed number of messages. Conditions are derived under which this social choice function can be implemented in Perfect Bayesian equilibrium of an escalation game. In this game, the players choose simultaneously their demands and then decide in turn whether to accept the opponent's proposal or to escalate until a deadline is reached. Escalation stops the game with an appropriate exogenously imposed probability of the disagreement outcome.


View Paper

View PDF File

Filesize: 264 kb
Find this file in the
\Papers\1210\
folder of this CD-ROM.

Latest Details
View this paper in the
online Programme

Customise
Customise your Event Programme to include your favourite papers, and email details of papers to friends and colleagues with the
online Programme


Paper Reference Number: 1210

TOP OF PAGE
HOME
Econometric Society
57th European Meeting
25th August 2002 - 28th August 2002, Venice, Italy

WebMeets.com Event Management LLP
Congress Home Page: http://www.eea-esem2002.it/
Programme Home Page: http://www.eea-esem.com/EEA-ESEM/ESEM2002/Prog/
Programme and CD generated with WebMeets.com Programme Management Software
Congress Programme Organized by FEEM

This page was created on Tuesday, 9th July 2002 at 19:22 GMT.