Time-Inconsistent Bargaining and Cross-Commitments
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DOI: 10.3390/g14030038
Abstract: The paper studies bargaining games involving players with present-biased preferences. The paper shows that the relative timing of bargaining rewards and bargaining costs will determine whether the players’ present-bias will affect bargaining outcomes. In cases… read more here.
Keywords: time; inconsistent bargaining; bargaining; cross ... See more keywords