Optimism and Bargaining Delay
Date Issued
2009
Date
2009
Author(s)
Chuang, Ya-Han
Abstract
This paper analyze the role of optimism in bargaining delay asildiz(2003) did. Given the life time of the durable goods, owner can obtain the same value every period. Each player may hold his subjective belief about being recognized in the future. We find possibility that delay is significant when bargaining periods grows into infinite.
Subjects
optimism
bargaining delay
durable goods
recognized
subjective belief
Type
thesis
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ntu-98-R96323010-1.pdf
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