A model of seller handout

Date

2004

Authors

Menezes, Flavio
Pitchford, Rohan

Journal Title

Journal ISSN

Volume Title

Publisher

Springer

Abstract

We model a buyer who wishes to combine objects owned by two separate sellers in order to realize higher value. Sellers are able to avoid entering into negotiations with the buyer, so that the order in which they negotiate is endogenous. Holdout occurs if

Description

Keywords

Keywords: Bargaining model; Complementarity; Delay; Holdout

Citation

Source

Economic Theory

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1007/s00199-003-0432-x

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