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Comments on: Mediation and strategic delay in bargaining and markets

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  • Xiao, Yizhou

Abstract

‘‘Mediation and Strategic Delay in Bargaining and Markets” (BB) show that mediator proposals can accelerate trade and improve social welfare, even when the mediator is uninformative and makes random offers. This short comment notes that mediators may make non-random offers.

Suggested Citation

  • Xiao, Yizhou, 2022. "Comments on: Mediation and strategic delay in bargaining and markets," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
  • Handle: RePEc:eee:dyncon:v:141:y:2022:i:c:s0165188922000823
    DOI: 10.1016/j.jedc.2022.104378
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    References listed on IDEAS

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    1. William Fuchs & Andrzej Skrzypacz, 2010. "Bargaining with Arrival of New Traders," American Economic Review, American Economic Association, vol. 100(3), pages 802-836, June.
    2. Peter C. Cramton, 1992. "Strategic Delay in Bargaining with Two-Sided Uncertainty," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 205-225.
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