Bargaining delay under partial breakdowns and externalities

C-Tier
Journal: Economics Letters
Year: 2019
Volume: 183
Issue: C
Pages: -

Authors (2)

Kawamori, Tomohiko (Meijo University) Miyakawa, Toshiji (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

We consider a noncooperative coalitional bargaining game where partial breakdowns, such as the rejecter of a proposal exiting from the game, take place with a positive probability, and externalities accompany the formation of coalitions. We present an example in which there exists a stationary subgame perfect equilibrium (SSPE) such that a bargaining delay occurs. We also show that under no partial breakdowns or no externalities, delay does not occur in any SSPE.

Technical Details

RePEc Handle
repec:eee:ecolet:v:183:y:2019:i:c:16
Journal Field
General
Author Count
2
Added to Database
2026-01-25