| Publications [#239272] of Huseyin Yildirim
Journal Articles
- Yildirim, H, Distribution of surplus in sequential bargaining with endogenous recognition,
Public Choice, vol. 142 no. 1-2
(January, 2010),
pp. 41-57, Springer Nature, ISSN 0048-5829 [pdf], [doi]
(last updated on 2025/04/11)
Abstract: I examine a sequential bargaining situation in which agents contest the right to propose an allocation. The contest can either take place at a pre-bargaining stage, yielding "persistent recognition" to propose, or recur throughout the bargaining, yielding "transitory recognition". Equilibrium analysis reveals that surplus is distributed more unequally under persistent recognition; social cost is higher under persistent recognition if and only if it attracts a sufficient number of "active" bargainers; and individual's incentive to propose under transitory recognition may actually increase in the number of agents, while this incentive always diminishes under persistent recognition. © Springer Science+Business Media, LLC 2009.
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