The Bargaining Family Revisited: A Comment

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The Bargaining Family Revisited: A Comment

MIZUSHIMA, Atsue; FUTAGAMI, Koichi
Title: The Bargaining Family Revisited: A Comment
Author: MIZUSHIMA, Atsue; FUTAGAMI, Koichi
Subject: D13; J24; public goods; cooperative game; non-cooperative game
Date: 2007
Publisher: European University Institute
Series/Report no.: EUI ECO; 2007/28
URI: http://hdl.handle.net/1814/7168
ISSN: 1725-6704

Abstract:

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.

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  • ECO Working Papers
    Working Papers of the Economics Department of the EUI. ISSN 1725-6704