“Nash-in-Nash” Bargaining: A Microfoundation for Applied Work
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A Nash equilibrium in Nash bargains has become a workhorse bargaining model in applied analyses of bilateral oligopoly. This paper proposes a non-cooperative foundation for Nash-in-Nash bargaining that extends the Rubinstein (1982) alternating offers model to multiple upstream and downstream firms.
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美国国家经济研究局创建时间：
2014-11-01
