Bargaining with Outside Options

@inproceedings{Binmore2017BargainingWO,
  title={Bargaining with Outside Options},
  author={K. Binmore and Jon X. Eguia},
  year={2017}
}
We begin by reviewing the theory of two-person bargaining and three-person bargaining over a unit of wealth in the presence of outside options. We then explore the implications and developments in the literature for bargaining games with more than three players, and in particular, for legislative bargaining games in a democratic assembly with many members who decide by majority rule how to divide a unit of wealth, or an infinite sequence of units of wealth. 
7 Citations

Figures from this paper

References

SHOWING 1-10 OF 76 REFERENCES
An Outside Option Experiment
  • 332
  • PDF
Legislative Bargaining with Endogenous Rules
  • 16
  • PDF
Predictability and Power in Legislative Bargaining
  • 21
  • PDF
Coalitional bargaining games with random proposers: Theory and application
  • Akira Okada
  • Economics, Computer Science
  • Games Econ. Behav.
  • 2011
  • 46
  • PDF
Majority Rule in a Stochastic Model of Bargaining
  • 57
Bargaining and coalitions
  • 204
...
1
2
3
4
5
...