Showing 1 - 10 of 184
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …
Persistent link: https://www.econbiz.de/10013074889
function can be explained by Nash bargaining between workers and employers. Under fairly mild assumptions, Nash bargaining … exceed the wage reward. This paper reviews the established empirical regularities and then provides Nash bargaining results …
Persistent link: https://www.econbiz.de/10013096772
bargaining with claims environment. We measure people's judgments on the normative attractiveness of solution concepts with the … help of a survey and also observe actual agreements in a bargaining experiment with real money at stake. We find that the …
Persistent link: https://www.econbiz.de/10013319305
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all …
Persistent link: https://www.econbiz.de/10013011168
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 … offline markets. Despite very different strategic implications for buyers and sellers, results from our experiment suggest no …
Persistent link: https://www.econbiz.de/10013009500
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to … variety of real world markets, asking prices have received little attention in the academic literature. We construct an …
Persistent link: https://www.econbiz.de/10013087422
In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...
Persistent link: https://www.econbiz.de/10012990861
We consider a labor market with search frictions in which workers make multiple applications and firms can post and commit to general mechanisms that may be conditioned both on the number of applications received and on the number of offers received by its candidate. When the contract space...
Persistent link: https://www.econbiz.de/10012864863
In a market in which sellers compete by posting mechanisms, we study how the properties of the meeting technology affect the mechanism that sellers select. In general, sellers have incentive to use mechanisms that are socially efficient. In our environment, sellers achieve this by posting an...
Persistent link: https://www.econbiz.de/10013033038
Does joint taxation disadvantage women? To answer that question, this paper begins byreviewing unitary and bargaining … models of intrafamily allocation, and then discusses thedeterminants of "bargaining power" in a world without taxes... …
Persistent link: https://www.econbiz.de/10005861560