Bargaining and competition revisited
We show the robustness of the Walrasian result obtained in models of bargaining in pairwise meetings. Restricting trade to take place only in pairs, most of the assumptions made in the literature are dispensed with. These include assumptions on preferences (differentiability, monotonicity, strict co...
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Main Authors: | KUNIMOTO, Takashi, SERRANO, Roberto |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2004
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Online Access: | https://ink.library.smu.edu.sg/soe_research/2000 https://ink.library.smu.edu.sg/context/soe_research/article/2999/viewcontent/BargainingCompetition_2004.pdf |
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Institution: | Singapore Management University |
Language: | English |
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