Nash bargaining is implementable via two-stage rights structures

Kemal Yıldız

Journal of Economic Behavior & Organization, 2025, vol. 238, issue C

Abstract: Koray and Yildiz (2018) introduces a new framework for implementation in which the main tool to design is the rights structure introduced by Sertel (2001).It was assumed that there is only one stage to obtain the equilibrium outcome of a rights structure.We formulate implementation via two-stage rights structures and show that the Nash bargaining solution is implementable via two-stage rights structures.

Keywords: Rights structures; Nash bargaining; Multi-stage implementation (search for similar items in EconPapers)
JEL-codes: C0 D0 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:238:y:2025:i:c:s0167268125003336

DOI: 10.1016/j.jebo.2025.107214

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