Optimal stalling while bargaining

Why do people stall while bargaining? Why are people keen to conclude a deal quickly, only to subsequently allow delay before the pie is realised? We propose that the reason is not fully explained by discount rates in combination with agents being engaged in a signalling equilibrium with asymmetric...

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Bibliographic Details
Main Author: Thanassoulis, J
Format: Working paper
Published: University of Oxford 2005
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