Existence and indeterminacy of Markovian equilibria in dynamic bargaining games
The paper studies stationary Markov perfect equilibria in multidimensional models of dynamic bargaining, in which the alternative chosen in one period determines the status quo for the next. We generalize a sufficient condition for existence of equilibrium due to Anesi and Seidmann (2015). We then...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Published: |
Econometric Society
2017
|
| Online Access: | https://eprints.nottingham.ac.uk/47225/ |