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Observable Strategies, Commitments, and Contracts

Wärneryd, Karl - CESifo - 2014

We consider rules (strategies, commitments, contracts, or computer programs) that make behavior contingent on an opponent’s rule. The set of perfectly observable rules is not well defined. Previous contributions avoid this problem by restricting the rules deemed admissible. We instead limit...

Persistent link: https://www.econbiz.de/10011086457

Observable Strategies, Commitments, and Contracts

Warneryd, Karl - 2021

Persistent link: https://www.econbiz.de/10013315559

A Stochastic Multiple Players Multi-Issues Bargaining Model for the Piave River Basin

Sgobbi, Alessandra; Carraro, Carlo - 2021

The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of … multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of … problem and conduct comparative static analyses to assess sources of bargaining power. Finally, we explore the implications of …

Persistent link: https://www.econbiz.de/10013316631

Labour Unions - To Unite or to Separate?

Upmann, Thorsten - 2021

union. Applying the (asymmetric) Nash bargaining solution, we find that under reasonable conditions, it is beneficial for at …

Persistent link: https://www.econbiz.de/10013316470

A New Approach to Solving Production-Appropriation Games with Many Heterogeneous Players

Cornes, Richard; Hartley, Roger; Tamura, Yuji - 2021

We set out a model of production and appropriation involving many players, who differ with respect to both resource endowments and productivities. We write down the model in a novel way that permits our analysis to avoid the proliferation of dimensions associated with the best response function...

Persistent link: https://www.econbiz.de/10013316209

An Experimental Investigation of Colonel Blotto Games

Chowdhury, Subhasish M.; Kovenock, Daniel J.; … - 2021

This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...

Persistent link: https://www.econbiz.de/10013316350

Gender Differences in Experimental Wage Negotiations

Dittrich, Marcus - 2012

-to-face alternating-offers wage bargaining. Our results suggest that male players are able to obtain better bargaining outcomes than … than female employers pay to male employees. Moreover, we find gender differences in the first offers of the bargaining …

Persistent link: https://www.econbiz.de/10013104251

'Buy-it-Now' or 'Sell-it-Now' Auctions : Effects of Changing Bargaining Power in Sequential Trading Mechanisms

Grebe, Tim - 2016

We study experimentally the effect of bargaining power in two sequential mechanisms that offer the possibility to trade … at a fixed price before an auction. In the “Buy-It-Now” format, the seller has the bargaining power and offers a price … effects of bargaining power on aggregate outcomes. There is, however, substantial heterogeneity within sellers. Sellers who …

Persistent link: https://www.econbiz.de/10013000430

Potentially Harmful International Cooperation on Global Public Good Provision

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk T. G. - 2021

Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead, partial cooperation between like-minded countries appears a more likely outcome. In this paper we analyze the effects of such partial cooperation between like-minded countries. In...

Persistent link: https://www.econbiz.de/10013315882

Conflict, Settlement, and the Shadow of the Future

McBride, Michael - 2010

In many instances of potential violent or non-violent conflict the future strategic positions of adversaries are very different when there is open conflict than when there is settlement. In such environments we show that, as the future becomes more important, open conflict becomes more likely...

Persistent link: https://www.econbiz.de/10013149006