Bargaining and efficiency in networks

We study an infinite horizon game in which pairs of players connected in a network are randomly matched to bargain over a unit surplus. Players who reach agreement are removed from the network without replacement. The global logic of efficient matchings and the local nature of bargaining, in combina...

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Bibliographic Details
Main Authors: Abreu, Dilip, Manea, Mihai
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: Elsevier 2015
Online Access:http://hdl.handle.net/1721.1/98851
https://orcid.org/0000-0002-7436-2800