Research Repository

See what's under the surface


Existence and indeterminacy of Markovian equilibria in dynamic bargaining games (2018)
Journal Article
Anesi, V., & Duggan, J. (2018). Existence and indeterminacy of Markovian equilibria in dynamic bargaining games. Theoretical Economics, 13(2), (505-525). doi:10.3982/TE2215. ISSN 1933-6837

The paper studies stationary Markov perfect equilibria in multidimensional models of dynamic bargaining, in which the alternative chosen in one period determines the status quo for the next. We generalize a sufficient condition for existence of equi... Read More

Dynamic bargaining and stability with veto players (2016)
Journal Article
Anesi, V., & Duggan, J. (2017). Dynamic bargaining and stability with veto players. Games and Economic Behavior, 103, doi:10.1016/j.geb.2016.04.010. ISSN 0899-8256

This note examines the structure of stationary bargaining equilibria in the finite framework of Anesi (2010). The main result establishes a tight connection between the set of equilibrium absorbing points and the von Neumann-Morgestern solutions: ass... Read More

Bargaining in standing committees with an endogenous default (2015)
Journal Article
Anesi, V., & Seidmann, D. J. (2015). Bargaining in standing committees with an endogenous default. Review of Economic Studies, 82(3), doi:10.1093/restud/rdv009. ISSN 0034-6527

Committee voting has mostly been investigated from the perspective of the standard Baron–Ferejohn model of bargaining over the division of a pie, in which bargaining ends as soon as the committee reaches an agreement. In standing committees, however,... Read More