This paper proposes a novel experimental measure of women's relative bargaining power, relates this measure to expenditures on various household public goods, and studies its determinants. A key question we address in the process is whether higher bargaining power for women translates into...

We consider ultimatum bargaining over the provision of a public good. Offer-maker and responder can delegate their decisions to agents, whose actual decision rules are opaque. We show that the responder will benefit from strategic opacity, even with bilateral delegation. The incomplete...

We study the optimal long-term care policy when informal care can be provided by children in exchange for monetary transfers by their elderly parents. We consider a bargaining model with single-child families. Daughters have a lower labor market wage and a lower bargaining power within the...

We propose a dynamic principal-agent model characterized by a state variable given by the agent’s initial bargaining power and by a law of motion that governs the changes of their bargaining power. Through a numerical exercise, we find that agents with the same relative risk aversion show...

I study how voluntary disclosure of information affects outcomes in plea bargaining. A prosecutor negotiates a sentence with a defendant who privately knows whether he is guilty or innocent. The prosecutor can gather evidence regarding the defendant's type during negotiations, and a trial...

In a cooperative game with communication structure a graph describes the communication possibilities of the players, which are represented by the nodes. We introduce a variation of this model by assuming that each edge in the communication graph represents an agent. These agents simply act as...

We examine optimal information disclosure by an informed mediator through Bayesian persuasion in a bilateral ultimatum bargaining game with two-sided incomplete information and inequality aversion. The information changes how the responder attributes the bidder's aggressive offer, and hence her...

We examine the effect of bilateral trust on cross-border M&As. Using a large European M&A sample, we find that bilateral trust facilitates deal initiation and completion. Bidder and target bilateral trusts towards each other are equally important for deal initiation, but only bidder trust...