Similar Search Results

A Simple Bargaining Mechanism That Elicits Truthful Reservation Prices

Brams, Steven J.; Kaplan, Todd R; Kilgour, D. Marc - 2011

We describe a simple 2-stage mechanism that induces two bargainers to be truthful in reporting their reservation prices in a 1st stage. If these prices criss-cross, the referee reports that they overlap, and the bargainers proceed to make offers in a 2nd stage. The average of the 2nd-stage...

Persistent link: https://www.econbiz.de/10015225721

Multiagent negotiation for fair and unbiased resource allocation

Iyer, Karthik; Huhns, Michael - 2005

This paper proposes a novel solution for the n agent cake cutting (resource allocation) problem. We propose a negotiation protocol for dividing a resource among n agents and then provide an algorithm for allotting portions of the resource. We prove that this protocol can enable distribution of...

Persistent link: https://www.econbiz.de/10015216433

Czy integracja pionowa kopalń odkrywkowych węgla z elektrowniami jest korzystna i dla kogo?

Jurdziak, Leszek - 2005

Is vertical integration of mines and power plants profitable and for whom? Based on outcomes from the research of bilateral relation between lignite mines and power plant author describes several benefits from vertical integration including strategic benefits described by Porter and benefits...

Persistent link: https://www.econbiz.de/10015240905

Continuing Conflict and Stalemate: A Note

Caruso, Raul - 2007

This note is about the possibility of a stalemate in a continuing conflict. Following the prevailing economic … literature on the topic, under some assumptions, the outcome of a conflict can be described in two ways: (i) a predetermined … stake. By contrast, in reality many disputes do not have a clear or a definite outcome. A stalemate can end the conflict …

Persistent link: https://www.econbiz.de/10015221919

The single-mindedness of labor unions when transfers are not Lump-Sum

canegrati, emanuele - 2007

In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining …

Persistent link: https://www.econbiz.de/10015221948

Exploiting Common Resources with Capital-Intensive Technologies: The Role of External Forces

Engel, Stefanie; Lopez, Ramon - 2004

bargaining model with endogenous inside and outside options to analyze the interactions between local communities having at least … particular, improvements in the community's bargaining power vis-a-vis the firm are likely to increase resource extraction and …

Persistent link: https://www.econbiz.de/10009468413

What Is Web 2.0: Design Patterns and Business Models for the Next Generation of Software

O'Reilly, Tim - 2007

This paper was the first initiative to try to define Web2.0 and understand its implications for the next generation of software, looking at both design patterns and business modes. Web 2.0 is the network as platform, spanning all connected devices; Web 2.0 applications are those that make the...

Persistent link: https://www.econbiz.de/10015236526

An analysis of bounded rationality in judicial litigations: the case with loss/disappointment averses plaintiffs

Langlais, Eric - 2010

For psychologists, bounded rationality reflects the presence of cognitive dissonance and/or inconsistency, revealing that people use heuristics (Tversky and Kahneman (1974)) rather than sophisticated processes for the assessment of their beliefs. Recent research analyzing litigations and...

Persistent link: https://www.econbiz.de/10015221335

Let’s work it out (or we’ll see you in court): litigation and private dispute resolution in vertical exchange relationships

Lumineau, Fabrice; Oxley, Joanne - 2012

We examine how partners in vertical exchange relationships actually resolve disputes that are sufficiently serious to get lawyers involved. Reaching beyond the usual domain of organizational and management research we leverage findings from law and economics to offer a novel organizational...

Persistent link: https://www.econbiz.de/10015231776

Socially-Tolerable Discrimination

Amegashie, J. Atsu - 2008

such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple model of conflict which is driven by …

Persistent link: https://www.econbiz.de/10015258108