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Tekijä: | Fraja, G. de Muthoo, A. |
Otsikko: | Equilibrium partner switching in a bargaining model with asymmetric information |
Lehti: | International Economic Review
2000 : NOV, VOL. 41:4, p. 849-869 |
Asiasana: | BARGAINING BUSINESS INFORMATION BUYING SELLING |
Kieli: | eng |
Tiivistelmä: | The authors study a model in which the seller of an invisible object faces two potential buyers and makes an offer to either of them in each period. They find that the seller's ability to extract surplus from them depends crucially on the value of the cost of switching from one buyer to the next. |
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