Econometrica Vol. 52 No. 4 1984
Bargaining under Asymmetric Information
Abstract
[This paper investigates two-person bargaining under incomplete information where one player has strictly better information about the potential value of the transaction than the other. The implications of informational barriers to trade are explored, and optimal bargaining mechanisms are characterized.]
- DOI
- 10.2307/1911195
- Volume
- 52
- Issue
- 4
- Pages
- 995
- Sources
- bibtex:phds-export.bib openalex crossref