Threat Bargaining Problems with Incomplete Information and Correlated Beliefs
Research & Publications
Threat Bargaining Problems with Incomplete Information and Correlated Beliefs
01/01/1990
Threat Bargaining Problems with Incomplete Information and Correlated Beliefs
Lahiri Somdeb
Working Papers
In this paper we provide a general framework for studying threat bargaining games with incomplete information and correlated beliefs. In this framework we obtain a characterization of the Kalai-Smorodinsky solution without any monotonicity assumption. The approach adds a dose of realism to the already existing literature on threat bargaining games.