Sequential Bilateral Bargaining and the Shapley value

Catherine de Fontenay and Joshua Gans

No 84, Econometric Society 2004 Australasian Meetings from Econometric Society

Abstract: We extend Ilya Segal's work on bilateral contracting in the presence of externalities to the case of bilateral bargaining in the presence of externalities. Similarly to Segal's work, we prove our results for highly general settings, and provide examples of applications.

Keywords: Bargaining; Non-cooperative foundations of cooperative game theory (search for similar items in EconPapers)
JEL-codes: C72 C78 D70 (search for similar items in EconPapers)
Date: 2004-08-11
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Persistent link: https://EconPapers.repec.org/RePEc:ecm:ausm04:84

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