A Tale of Two Bargaining Solutions
We set up a rich bilateral bargaining model with four salient points (disagreement point, ideal point, reference point, and tempered aspirations point), where the disagreement point and the utility possibilities frontier are endogenously determined. This model allows us to compare two bargaining sol...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2015-06-01
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Series: | Games |
Subjects: | |
Online Access: | http://www.mdpi.com/2073-4336/6/2/161 |