• Media type: E-Book; Report
  • Title: Bargaining with Many Players: A Limit Result
  • Contributor: Kultti, Klaus [Author]; Vartiainen, Hannu [Author]
  • imprint: Turku: Aboa Centre for Economics (ACE), 2008
  • Language: English
  • Keywords: C72 ; C78 ; non-cooperative bargaining ; Walrasian market ; stationary equilibrium ; replication
  • Origination:
  • Footnote: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Description: 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.
  • Access State: Open Access