Inefficient Prebargaining Search
نویسندگان
چکیده
منابع مشابه
Inefficient pre-bargaining search
The MIT Faculty has made this article openly available. Please share how this access benefits you. Your story matters. Abstract We identify conditions under which a bargainer makes inefficiently large (small) investments in search for information about the opponent's reservation price. The analysis starts with the observation that a player will invest too much (too little) if the opponent's exp...
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ژورنال
عنوان ژورنال: Journal of Institutional and Theoretical Economics
سال: 2012
ISSN: 0932-4569
DOI: 10.1628/093245612800933979