Multilateral Bargaining

Vijay Krishna, Roberto Serrano

The Review of Economic Studies · 1996 · 193 citations · 0 references

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Abstract

The authors study a multilateral bargaining procedure that extends A. Rubinstein's (1982) alternating offer game to the case of n players. The procedure captures the notion of consistency in the sense familiar in cooperative game theory and they use it to establish links to the axiomatic theory of bargaining. Copyright 1996 by The Review of Economic Studies Limited.