Abstract
A two-person concession game with a deadline is presented. It is proved that along the Bayesian equilibrium players tend to reach an agreement at the deadline.
| Original language | English |
|---|---|
| Pages (from-to) | 281-285 |
| Number of pages | 5 |
| Journal | Economics Letters |
| Volume | 48 |
| Issue number | 3-4 |
| Publication status | Published - Jun 1995 |
Keywords
- DEADLINE
- INCOMPLETE INFORMATION
- WAR OF ATTRITION