Bargaining with hard evidence

This article studies how the presence of concealable hard evidence affects the timing of agreement and the size and distribution of surplus in bargaining. A buyer and a seller receive randomly arriving, verifiable, but concealable evidence about the value of a tradable good. Each party discloses ind...

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Hlavní autoři: Eso, E, Wallace, C
Médium: Journal article
Jazyk:English
Vydáno: Wiley 2018