uu.seUppsala University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Stationary Equilibria in Bargaining with Externalities
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2008 (English)Report (Other academic)
Abstract [en]

This paper studies infinite-horizon bargaining between a seller and multiple buyers when externalities are present. We extend the analysis in Jehiel & Moldovanu (1995a) by allowing for both pure and mixed equilibria. A characterization of the stationary subgame perfect equilibria in generic games is presented. Equilibria with delay exist only for strong positive externalities. Since each buyer receives a positive payoff when the seller makes an agreement with some other buyer, positive externalities induce a war of attrition between buyers.

Place, publisher, year, edition, pages
Uppsala: Department of Economics, Uppsala University , 2008. , 30 p.
Series
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2006:29
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-211154OAI: oai:DiVA.org:uu-211154DiVA: diva2:665594
Note

This is a revised version of "Delay in Bargaining with Externalities", Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975; 2006:29. (http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-19265)

Available from: 2013-11-20 Created: 2013-11-20 Last updated: 2013-11-20Bibliographically approved

Open Access in DiVA

wp2006_29_revised(628 kB)86 downloads
File information
File name FULLTEXT02.pdfFile size 628 kBChecksum SHA-512
93592df8e4ef72debf60df018a0d3b0cb1c9cf627b9f01c1d93602ca20c7ed04d91cebc6166c27e2f1701a885acc48dfdd2da410bbaec8dc3f640a54e762459b
Type fulltextMimetype application/pdf

Authority records BETA

Westermark, Andreas

Search in DiVA

By author/editor
Westermark, Andreas
By organisation
Department of Economics
Economics

Search outside of DiVA

GoogleGoogle Scholar
Total: 86 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 381 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf