Alternating Offers in Economic Environments

    Research output: Contribution to JournalArticleAcademic


    For positive time between proposals, stationary SPE (physical) allocations in alternating offers bargaining correspond to an asymmetric Nash bargaining solution. By the Maximum Theorem, convergence when time between proposals vanishes is immediate. Theoretical results are extended, numerical implementation is straightforward. © 2007 Elsevier B.V. All rights reserved.
    Original languageEnglish
    Pages (from-to)316-324
    JournalEconomics Letters
    Publication statusPublished - 2007


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