A non-cooperative bargaining theory with incomplete information: Verifiable types

A-Tier
Journal: Journal of Economic Theory
Year: 2016
Volume: 163
Issue: C
Pages: 318-341

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

We consider a non-cooperative sequential bargaining game with incomplete information where two players negotiate for mechanisms with ex post verifiable types at the interim stage. We prove the existence of a stationary sequential equilibrium of the bargaining game where the ex post Nash bargaining solution with no delay is asymptotically implemented with probability one. Further, the ex post Nash bargaining solution is a unique outcome of a stationary equilibrium under the property of Independence of Irrelevant Types (IIT), whereby the response of every type of a player is independent of allocations proposed to his other types, and under a self-selection property of their belief.

Technical Details

RePEc Handle
repec:eee:jetheo:v:163:y:2016:i:c:p:318-341
Journal Field
Theory
Author Count
1
Added to Database
2026-01-26