Monotonicity in Ultimatum Bargaining

40 Pages Posted: 12 May 2023

See all articles by Jack Robles

Jack Robles

Victoria University of Wellington - Te Herenga Waka - School of Economics & Finance

Abstract

We study ultimatum bargaining games with asymmetric information regarding disagreement payoffs. Results from Mensch (2020) are used to find conditions under which a monotonic equilibrium exists in these games. A standard single crossing assumption implies the existence of a monotonic Nash equilibrium. Stronger assumptions are required for the existence of a monotonic Perfect Bayesian equilibrium. JEL Classification Numbers: C62, C72, C78, D82

Keywords: Games of Incomplete Information, Dynamic Bayesian Games, Pure Strategy Equilibrium, Single Crossing Property, bargaining, Ultimatum Game

Suggested Citation

Robles, Jack, Monotonicity in Ultimatum Bargaining. Available at SSRN: https://ssrn.com/abstract=4446440 or http://dx.doi.org/10.2139/ssrn.4446440

Jack Robles (Contact Author)

Victoria University of Wellington - Te Herenga Waka - School of Economics & Finance ( email )

P.O. Box 600
Wellington 6001
New Zealand

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
9
Abstract Views
62
PlumX Metrics