Detailed Information
Cited 0 time in 
Cited 0 time in 
Cited 0 time in
Metadata Downloads
Informational disadvantage and bargaining power
- Issue Date
- 2009
- Keywords
- Alternating offer bargaining; Informational advantage; Stochastic surplus
- Citation
- Journal of Economic Theory and Econometrics, v.20, no.1, pp.9 - 19
- Indexed
- SCOPUS
KCI
- Journal Title
- Journal of Economic Theory and Econometrics
- Volume
- 20
- Number
- 1
- Start Page
- 9
- End Page
- 19
- ISSN
- 1229-2893
- Abstract
- We consider an alternating offer model where the size of the to-tal surplus is stochastic. Furthermore, the size changes during the time when the offer is being considered. As a result the responder may obtain more information than the proposer. We analyze how the asymmetry in ability to access good information affects the bargaining power, both in terms of the resulting share and in terms of the delay in agreement.
- Files in This Item
- There are no files associated with this item.
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.