DECENTRALIZED ONE‐TO‐MANY BARGAINING

B-Tier
Journal: International Economic Review
Year: 2020
Volume: 61
Issue: 3
Pages: 1139-1172

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

We study a one‐to‐many bargaining model in which one active player bargains with every passive player on how to share the surplus of a joint project. The order of bargaining is not fixed and the active player decides whom to bargain with in each period. Our model admits a rich set of equilibria and we identify the upper and lower bounds of equilibrium payoffs. We also examine whether two natural ordering protocols often assumed in existing studies can sustain endogenously. Although the queuing protocol may indeed arise in an equilibrium, the rotating protocol is in general not self‐enforcing.

Technical Details

RePEc Handle
repec:wly:iecrev:v:61:y:2020:i:3:p:1139-1172
Journal Field
General
Author Count
2
Added to Database
2026-01-25