Banerjee, Shraman and Mishra, Debasis (2017) Repeated trade with two $ sided incomplete information. [Working papers (or Preprints)] (Unpublished)
Full text not available from this repository. (Request a copy)Abstract
This paper presents a Önite-horizon bargaining model where each player has private valuation over the good for sale. The seller posts a price in each period, which the buyer has to accept, or reject. If he rejects, a new price is posted in the next period. Bargaining ine¢ ciencies arise due to incomplete information. We show that the probability of trade over all periods decreases when we increase the horizon of the game.
Item Type: | Working papers (or Preprints) |
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Keywords: | Bargaining | Efficiency | Repeated Trade |
Subjects: | Social Sciences and humanities > Business, Management and Accounting > Marketing |
JGU School/Centre: | Jindal School of Government and Public Policy |
Depositing User: | Mr Sombir Dahiya |
Date Deposited: | 09 May 2022 06:20 |
Last Modified: | 09 May 2022 06:20 |
Official URL: | https://www.isid.ac.in/~epu/acegd2017/papers/Shram... |
URI: | https://pure.jgu.edu.in/id/eprint/2926 |
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