Nash bargaining is implementable via two-stage rights structures
Year: 2025
Type: article
Abstract: Koray and Yildiz (2018) introduces a new framework for implementation in which the main tool to design is the rights structure introduced by Sertel (2001).It was assumed that there is only one stage to obtain the equilibrium outcome of a rights structure.We formulate implementation via two-stage rights structures and show that the Nash bargaining solution is implementable via two-stage rights structures.
Author: Kemal Yıldız
Institution: Bilkent University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $3,180
OpenAlex ID: W4414326796
