A Dynamic Bargaining Game with Externalities

2018 ◽  
Vol 31 (6) ◽  
pp. 1591-1602 ◽  
Author(s):  
Xianjia Wang ◽  
Jia Liu
Keyword(s):  
Bargaining Game ◽  
Dynamic Bargaining

scholarly journals Policy Experimentation in Committees: A Case against Veto Rights under Redistributive Constraints

2021 ◽  
Vol 13 (3) ◽  
pp. 124-162
Author(s):  
Vincent Anesi ◽  
T. Renee Bowen
Keyword(s):  
Optimal Policy ◽  
Bargaining Game ◽  
Veto Players ◽  
Unique Equilibrium ◽  
Equilibrium Outcome ◽  
Safe Alternative ◽  
Policy Experimentation ◽  
Voting Rule ◽  
Dynamic Bargaining

We study optimal policy experimentation by a committee. We consider a dynamic bargaining game in which committee members choose either a risky reform or a safe alternative each period. When no redistribution is allowed, the unique equilibrium outcome is generically inefficient. When redistribution is allowed (even small amounts), there always exists an equilibrium that supports optimal experimentation for any voting rule without veto players. With veto players, however, optimal policy experimentation is possible only with a sufficient amount of redistribution. We conclude that veto rights are more of an obstacle to optimal policy experimentation than are the constraints on redistribution themselves. (JEL D72, C78, H23, D78, D71)

A paradigm of dynamic bargaining game based study on the salary of the private enterprises

2017 ◽  
Vol 20 (4) ◽  
pp. 1029-1046
Author(s):  
Cheng-Lin Jin ◽  
De-Yuan Zhang ◽  
Ting Chen ◽  
Ke-Bin Lu
Keyword(s):  
Bargaining Game ◽  
Private Enterprises ◽  
Dynamic Bargaining

scholarly journals A Distributed and Resilient Bargaining Game for Weather-Predictive Microgrid Energy Cooperation

2019 ◽  
Vol 15 (8) ◽  
pp. 4721-4730 ◽  
Author(s):  
Lu An ◽  
Jie Duan ◽  
Mo-Yuen Chow ◽  
Alexandra Duel-Hallen
Keyword(s):  
Bargaining Game ◽  
Energy Cooperation
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