Non-cooperative bargaining and the incomplete informational core

A-Tier
Journal: Journal of Economic Theory
Year: 2012
Volume: 147
Issue: 3
Pages: 1165-1190

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In an exchange economy with incomplete information, the signaling core is defined by the set of state-contingent allocations to which no coalitions object under informational leakage through proposals by informed agents. An objection underlying the signaling core is supported by a sequential equilibrium of an ultimatum bargaining game with an informed proposer. We prove that a stationary sequential equilibrium allocation in a Rubinstein-type sequential bargaining game with a restart rule belongs to the signaling core if the belief of players satisfies a self-selection property.

Technical Details

RePEc Handle
repec:eee:jetheo:v:147:y:2012:i:3:p:1165-1190
Journal Field
Theory
Author Count
1
Added to Database
2026-01-26