Legislative bargaining with heterogeneous disagreement values: theory and experiments
(2017)
Journal Article
Miller, L., Montero, M., & Vanberg, C. (2018). Legislative bargaining with heterogeneous disagreement values: theory and experiments. Games and Economic Behavior, 107, https://doi.org/10.1016/j.geb.2017.11.003
We study a legislative bargaining game in which failure to agree in a given round may result in a breakdown of negotiations. In that case, each player receives an exogenous `disagreement value'. We characterize the set of stationary subgame perfect e... Read More about Legislative bargaining with heterogeneous disagreement values: theory and experiments.