Arbeitspapier

Bargaining with Many Players: A Limit Result

We provide a simple characterization of the stationary subgame perfect equilibrium of an alternating offers bargaining game when the number of players increases without a limit. Core convergence literature is emulated by increasing the number of players by replication. The limit allocation is interpreted in terms of Walrasian market for being the first proposer.

Language
Englisch

Bibliographic citation
Series: Discussion paper ; No. 32

Classification
Wirtschaft
Noncooperative Games
Bargaining Theory; Matching Theory
Subject
non-cooperative bargaining
stationary equilibrium
replication
Walrasian market

Event
Geistige Schöpfung
(who)
Kultti, Klaus
Vartiainen, Hannu
Event
Veröffentlichung
(who)
Aboa Centre for Economics (ACE)
(where)
Turku
(when)
2008

Handle
Last update
10.03.2025, 11:44 AM CET

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Object type

  • Arbeitspapier

Associated

  • Kultti, Klaus
  • Vartiainen, Hannu
  • Aboa Centre for Economics (ACE)

Time of origin

  • 2008

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