The Bargaining Family Revisited: A Comment
Title: The Bargaining Family Revisited: A Comment
Publisher: European University Institute
Series/Number: EUI ECO; 2007/28
This paper reexamines results of Konrad and Lommerud (2000). They construct a two-stage game model of a family. We show that their result crucially depends on their linear payoff function and obtain an opposite result if the interaction within a family is represented by a non-linear function; that is, the interaction exhibits strategic complementarity.
Subject: D13; J24; public goods; cooperative game; non-cooperative game
Type of Access: openAccess