Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/257569 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] Games [ISSN:] 2073-4336 [Volume:] 12 [Issue:] 4 [Article No.:] 87 [Publisher:] MDPI [Place:] Basel [Year:] 2021 [Pages:] 1-8
Publisher: 
MDPI, Basel
Abstract: 
This note reconsiders the Rubinstein bargaining game under the assumption that a rejected offer is only costly to the proposer who made the rejected offer. It is shown that then, the classic result of Shaked that, in the multilateral version of this game, every division of the good can be sustained in SPE no longer holds. Specifically, there are many SPE, but players' (expected) payoffs in SPE are unique. The assumption further leads to a responder advantage.
Subjects: 
multilateral bargaining
JEL: 
C78
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
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