Bargaining and competition revisited
نویسندگان
چکیده
We show the robustness of the Walrasian result obtained in models of bargaining in pairwise meetings. Restricting trade to take place only in pairs, most of the assumptions made in the literature are dispensed with. These include assumptions on preferences (differentiability, monotonicity, strict concavity, bounded curvature), on the set of agents (dispersed characteristics) or on the consumption set (allowing only divisible goods). JEL Classification: D51, D41 and C78.
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ورودعنوان ژورنال:
- J. Economic Theory
دوره 115 شماره
صفحات -
تاریخ انتشار 2004