IDEAS home Printed from https://ideas.repec.org/a/ecm/emetrp/v56y1988i3p601-11.html
   My bibliography  Save this article

On Delay in Bargaining with One-Sided Uncertainty

Author

Listed:
  • Gul, Faruk
  • Sonnenschein, Hugo

Abstract

Recently, attention has been given to a model of two-person bargaining in which the parties alternate making of fers and there is uncertainty about the valuation of one party. The p urpose of the analysis has been to identify delay to agreement with a screening process, where agents with relatively lower valuations dis tinguish themselves by waiting longer to settle. The authors point ou t a fundamental difficulty with this program by demonstrating that th e assumptions used in the literature allow for delay only in so far a s the time between offers is significant. Copyright 1988 by The Econometric Society.

Suggested Citation

  • Gul, Faruk & Sonnenschein, Hugo, 1988. "On Delay in Bargaining with One-Sided Uncertainty," Econometrica, Econometric Society, vol. 56(3), pages 601-611, May.
    • Handle: RePEc:ecm:emetrp:v:56:y:1988:i:3:p:601-11
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0012-9682%28198805%2956%3A3%3C601%3AODIBWO%3E2.0.CO%3B2-9&origin=repec
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecm:emetrp:v:56:y:1988:i:3:p:601-11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/essssea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.