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Inefficient Markov perfect equilibria in multilateral bargaining

Author

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  • Hongbin Cai

Abstract

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Suggested Citation

  • Hongbin Cai, 2003. "Inefficient Markov perfect equilibria in multilateral bargaining," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 22(3), pages 583-606, October.
    • Handle: RePEc:spr:joecth:v:22:y:2003:i:3:p:583-606
    DOI: 10.1007/s001990200330
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    Keywords

    Keywords and Phrases: Multilateral bargaining; Markov equilibrium; Inefficiency.; JEL Classification Numbers: C78; D23; D62.;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights

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