Briefing
Noise Bargaining: A New Perspective on Single Proposers, Negotiation and Delays
Abstract: Many real-world bargaining problems feature a single proposer and delays in reaching agreements. Most existing bargaining models feature alternating proposers with immediate settlement. Noise bargaining — a new approach discussed in my recent working paper, co-authored with Pablo Guerron-Quintana — introduces a single proposer with endogenous delay.
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https://www.richmondfed.org/publications/research/economic_brief/2025/eb_25-42
Description: Briefing
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2025-11-12
Volume: 25
Issue: 42