Bargaining with partially revocable commitments: a simple model

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Bargaining with partially revocable commitments: a simple model

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Fershtman and Seidmann (1993) showed that the presence of an irrevocable endogenous commitment with a fixed deadline results in the so called deadline effect. We examine the robustness of this result to the presence of a much more general class of commitments: partially revocable commitments.

year	journal	country	edition	language
2002-01-01	Economics Bulletin

http://www.accessecon.com/pubs/EB/2002/Volume3/EB-02C70009A.pdf

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