This paper studies a bargaining game with one buyer and multiple sellers of different "sizes" or bargaining strengths. The bargaining order is determined by the buyer. If the buyer can commit to a bargaining order, there is a unique subgame perfect equilibrium outcome where the buyer bargains in...

This paper considers a situation in which participants with heterogeneous ability types are grouped into different competitions for performance ranking. In a contest, there may be performance spillovers, because of which a participant can benefit from others' performance. A planner can allocate...

This paper considers a situation in which students with heterogeneous ability types are grouped into different competitions for performance ranking. A planner can group the students and design prize structure in each competition in order to maximize the weighted total performance subject to a...