We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …

We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all …

In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength … rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …

participants show a preference for decision authority and choose single-issue bargaining in most cases even though efficiency is …The labor economics literature has shown that the "efficient bargaining" model, in which wage and employment are … wage is determined via bargaining and employment determined subsequently and unilaterally by the firm. This paper reports …

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 …

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 …

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 …