Negative Externalities May Cause Delay in Negotiation
研究一个谈判博弈，其中潜在买家受身份相关的负外部性影响，发现重复博弈的均衡可能表现为交易延迟，或存在一个明确买家以高概率获得物品。
We study the strategic equilibria of a negotiation game where potential buyers are affected by identity-dependent, negative externalities. The unique equilibrium of long, finitely repeated generic games can either display delay-where a transaction can take place only in several stages before the deadline-or, in spite of the random element in the game, a well-defined buyer exists that obtains the object with probability close to one.