This paper studies bargaining outcomes in economies in which agents may be able to impose outcomes that deviate from … the relevant social norms but incur costs when they do so. It characterizes bargaining outcomes that are easiest for a … approach yields the Nash bargaining solution, the Kalai-Smorodinsky solution, the equal monetary split, and other bargaining …

This note reconsiders the Rubinstein bargaining game under the assumption that a rejected offer is only costly to the …

settlement rate, is determined by a bargaining process involving the two firms. In principle, each U.S. firm could have a … country. The USRR significantly affected the relative bargaining positions of the U.S. and foreign firms, thereby changing … the USRR by estimating a bargaining model and conducting counterfactual experiments aimed at measuring the size of the two …

We provide causal evidence that patience is a significant source of bargaining power. Generalizing the Rubinstein (1982 …) bargaining model to arbitrarily non-stationary discounting, we first show that dynamic consistency across bargaining rounds is … bargaining delay is negligible (frequent offers, so dynamic consistency holds by design), while payoff delay is significant (a …

We report an experiment designed to study bargaining behavior between one buyer and multiple sellers with … alternating-offer bargaining model in which a buyer procures complementary items from two heterogeneous sellers with endogenous … choice of the order of bargaining. In addition, we implemented an information transparency manipulation regarding whether the …

In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power … at gender differences in bargaining behavior and in the effect of nominal weights. We find that women and men differ in …

We analyze a dynamic bargaining game where parties can agree to implement a policy change, which is costly (beneficial …