An Alternating-Offers Model of Multilateral Negotiations
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Economic Behavior and Organization"
DOI: 10.1016/j.jebo.2017.11.004
Abstract: I develop an infinite-horizon alternating-offers model of multilateral negotiations, a common means of exchange whose strategic complexity has hindered previous modeling efforts. Multilateral negotiations occur in numerous settings in which one party wishes to trade… read more here.
Keywords: alternating offers; multilateral negotiations; offers model; model multilateral ... See more keywords