Equity dynamics in bargaining without information exchange
نویسندگان
چکیده
منابع مشابه
Bargaining dynamics in exchange networks
We consider a one-sided assignment market or exchange network with transferable utility and propose a model for the dynamics of bargaining in such a market. Our dynamical model is local, involving iterative updates of ‘offers’ based on estimated best alternative matches, in the spirit of pairwise Nash bargaining. We establish that when a balanced outcome (a generalization of the pairwise Nash b...
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ژورنال
عنوان ژورنال: Journal of Evolutionary Economics
سال: 2015
ISSN: 0936-9937,1432-1386
DOI: 10.1007/s00191-015-0405-9