haku: @indexterm EQUILIBRIUM THEORY / yhteensä: 340
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| Tekijä: | Chatterjee, K. Dutta, B. |
| Otsikko: | Rubinstein auctions: On competition for bargaining partners |
| Lehti: | Games and Economic Behavior
1998 : MAY, VOL. 23:2, p. 119-145 |
| Asiasana: | COMPETITION EQUILIBRIUM THEORY PRICES MARKETS |
| Kieli: | eng |
| Tiivistelmä: | The paper analyzes the effect of competition for bargaining partners on the prices that prevail in thin markets, and also, how the matches are simultaneously determined. Three trading processes or bargaining procedures are described. In all the variants that considered, except for one case of public offers, either there is no pure strategy subgame perfect equilibrium or such equilibria exhibit delay in reaching agreement. |
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