Title of article
Alternating offers in economic environments
Author/Authors
Harold Houba، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
9
From page
316
To page
324
Abstract
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
Keywords
Applied general equilibrium , Computation , Nash bargaining solution , negotiations , Convex program , Maximum
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436305
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