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Strategic delay in bargaining with two-sided uncertainty. (English) Zbl 0756.90033
The paper analyzes a strategic delay in an infinite-horizon alternating- offer model of bargaining with a single object and two-sided uncertainty. A sequential equilibrium for this model is constructed in which a bargainer expecting large gains from trade makes an offer earlier than one expecting small gains.
Reviewer: J.Legut (Wrocław)

MSC:
91B26 Auctions, bargaining, bidding and selling, and other market models
91A12 Cooperative games
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