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Deadline Effects and Inefficient Delay in Bargaining with Endogenous Commitment |
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| Authors: | Fershtman Chaim Seidmann Daniel J |
| Abstract: | Bilateral (sequential) negotiators delay agreements until a deadline if a player that rejects an offer is subsequently committed not to accept any poorer proposal, and if the common discount factor is close enough to one. Journal of Economic Literature Classification Numbers: C7, C78, J52. |
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