We analyze a noncooperative bargaining game with a general coalition structure. In each period an opportunity for a feasible coalition to form arises according to a stochastic process, and a randomly selected agent in the coalition makes a take-it-or-...
Static game-theoretic models of bilateral bargaining assume that the seller knows his valuation for the item that is up for sale; that is, how the seller may determine this quantity is exogenous to these models. In this paper, we develop and analyze a ...
In reverse auctions, buyers often retain the right to bargain further concessions from the winners. The optimal form of such procurement is an English auction followed by an auctioneer's option to engage in ultimatum bargaining with the winners. We ...
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