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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Những tác giả chính: Eso, E, Wallace, C
Định dạng: Journal article
Ngôn ngữ:English
Được phát hành: Wiley 2018