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SSRN Electronic Journal
Article . 2018 . Peer-reviewed
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Bargaining Order in Multilateral Bargaining with Imperfect Compliments

Authors: Amit Kumar Maurya;

Bargaining Order in Multilateral Bargaining with Imperfect Compliments

Abstract

Using a sequential model of multilateral bargaining involving one buyer and two sellers, who are selling objects which are imperfect compliments for the buyer, we analyse buyer’s preferred bargaining order i.e. whether the buyer prefers to buy higher valuation object first or second. For a narrow range of parameters, where players are patient enough and objects exhibit high degree of complimentarity, multiple equilibria exist such that both the bargaining orders are preferred. For rest of the range, which is relatively much larger, buyer prefers to buy higher valuation object first.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
bronze