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
Collections
Source
Economic Theory
Type
Journal article