Bargaining Model And Its Expanded Analysis

The thesis discussed the bargaining model and its application on the basis of Nash bargaining model and Rubenstein bargaining model. Firstly, the thesis intro-duces Nash bargaining model and the Rubenstein bargaining model as well as its equilibrium. Secondly, considering the occurrence of breaking negotiations during the possible bargaining process, the thesis analyzes the interaction between exoge-nous rupture risk and discount rate, and their influence on the bargaining results. Finally, according to the external possible bargaining process selection,the thesis discusses the equilibrium solution of the external bargaining model, and the rela-tionship between outside option, the discount rate and the exogenous risk of rupture of the three. The results show that, in a variety of forces under the influence of the bargaining extension model, equilibrium presents efficiency and distribution.