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Gonzalo Olcina, Antoni Cunyat and Vicent Calabuig |
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''Bargaining with partially revocable commitments: a simple model'' |
( 2002, Vol. 3 No.30 ) |
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Fershtman and Seidmann (1993) showed that the presence of an irrevocable endogenous commitment with a fixed deadline results in the so called deadline effect. We examine the robustness of this result to the presence of a much more general class of commitments: partially revocable commitments. |
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Manuscript Received : Jul 22 2002 | | Manuscript Accepted : Dec 13 2002 |
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