2007
DOI: 10.2202/1935-1704.1368
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Best Agendas in Multi-Issue Bargaining

Abstract: We study the agenda selection problem faced by a multi-issue committee when there can be (small) delays between the negotiations of different issues. We show that the presence of these delays affects the interplay of the forces in the bargaining game and solves the indeterminacy of equilibria. In particular, a unique SPE can be established among sequential bargaining procedures. In equilibrium, players discuss the most important issue first.

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“…A similar discounting structure has been considered first byMuthoo (1995), which is reviewed in the next section Flamini (2007bFlamini ( , (2007a. study the effects of this enriched discounting structure in the context of an agenda formation problem.…”
mentioning
confidence: 99%
“…A similar discounting structure has been considered first byMuthoo (1995), which is reviewed in the next section Flamini (2007bFlamini ( , (2007a. study the effects of this enriched discounting structure in the context of an agenda formation problem.…”
mentioning
confidence: 99%