Paper Info
Title
Uniqueness of stationary equilibria in a one-dimensional model of bargaining
Abstract
We prove uniqueness of stationary equilibria in a one-dimensional model of bargaining with quadratic utilities, for an arbitrary common discount factor. For general concave utilities, we prove existence and uniqueness of a “minimal” stationary equilibrium and of a “maximal” stationary equilibrium. We provide an example of multiple stationary equilibria with concave (nonquadratic) utilities.
Year
DOI
Venue
2003
10.1016/S0022-0531(03)00087-5
Journal of Economic Theory
Keywords
DocType
Volume
D70,D72
Journal
113
Issue
ISSN
Citations 
1
0022-0531
13
PageRank 
References 
Authors
1.95
2
2
Name
Order
Citations
PageRank
Seok-ju Cho1233.48
John Duggan2241145.72