Uncertainty, bargaining power and bargaining solutions: An empirical application

We compare the traditional model for structurally estimating bargaining power solutions assuming certainty on the disagreement payoffs against a model assuming evenly distributed bargaining power and uncertainty on disagreement profits. We find substantial differences in the distribution of the rent resulted from each of these models and it was hinted how the assumptions may have a role on the identification of the rent's distribution

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Year of publication:	2020
Authors:	Klein, Gordon ; Rebolledo, Mayra
Publisher:	Münster : Westfälische Wilhelms-Universität Münster, Centrum für Angewandte Wirtschaftsforschung (CAWM)

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Series:	CAWM Discussion Paper ; 115
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1700199161 [GVK] hdl:10419/219030 [Handle] RePEc:zbw:cawmdp:115 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10012227070