Bargaining and Exclusion With Multiple Buyers

IF 6.6 1区经济学 Q1 ECONOMICS

Econometrica Pub Date : 2024-03-19 DOI:10.3982/ECTA19675

Dilip Abreu, Mihai Manea

引用次数: 0

Abstract

A seller trades with q out of n buyers who have valuations a₁ ≥ a₂ ≥ ⋯ ≥ a_n > 0 via sequential bilateral bargaining. When q < n, buyer payoffs vary across equilibria in the patient limit, but seller payoffs do not, and converge to

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与多个买家讨价还价和排除法

卖方通过连续的双边讨价还价与 n 个买方中的 q 个进行交易，这些买方的估值为 a1 ≥ a2 ≥ ⋯ ≥ an > 0。当 q < n 时，买方的报酬在病人极限的各个均衡中会发生变化，但卖方的报酬不会，并且会收敛到

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Econometrica 社会科学-数学跨学科应用

CiteScore

11.00

自引率

3.30%

发文量

审稿时长

6-12 weeks

期刊介绍： Econometrica publishes original articles in all branches of economics - theoretical and empirical, abstract and applied, providing wide-ranging coverage across the subject area. It promotes studies that aim at the unification of the theoretical-quantitative and the empirical-quantitative approach to economic problems and that are penetrated by constructive and rigorous thinking. It explores a unique range of topics each year - from the frontier of theoretical developments in many new and important areas, to research on current and applied economic problems, to methodologically innovative, theoretical and applied studies in econometrics. Econometrica maintains a long tradition that submitted articles are refereed carefully and that detailed and thoughtful referee reports are provided to the author as an aid to scientific research, thus ensuring the high calibre of papers found in Econometrica. An international board of editors, together with the referees it has selected, has succeeded in substantially reducing editorial turnaround time, thereby encouraging submissions of the highest quality. We strongly encourage recent Ph. D. graduates to submit their work to Econometrica. Our policy is to take into account the fact that recent graduates are less experienced in the process of writing and submitting papers.