A Note on Agenda Restrictions in Multi-Issue Bargaining

Francesca Flamini

Working Papers from Business School - Economics, University of Glasgow

Abstract: We study the effects of a between-cake discount factor in the agenda selection problem faced by a multi-issue committee. The presence of an interval of time between bargaining stages is a reasonable and realistic assumption. We show that this assumption simplifies the agenda selection problem strongly. In particular, the equilibrium multiplicity obtained in In and Serrano (2002) does not hold: a unique SPE can be established among the sequential bargaining procedures.

JEL-codes: C72 C73 C78 (search for similar items in EconPapers)
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