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indices, both institutions are assumed to act strategically. Predicted bargaining outcomes of the crucial Conciliation stage …
Persistent link: https://www.econbiz.de/10010261094
indices, both institutions are assumed to act strategically. Predicted bargaining outcomes of the crucial Conciliation stage …
Persistent link: https://www.econbiz.de/10010284909
We know that people strike bargains and that civilized life could not proceed otherwise. Bargaining models yield … imposed bargaining procedure. The assumptions in these models are so from bargaining as it is experienced and the requirements … struck. Confidence in the efficacy of bargaining is more appropriately based upon experience rather than upon bargaining …
Persistent link: https://www.econbiz.de/10010290313
In this paper, citizens vote in order to influence the election outcome and in order to signal their unobserved characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting does not arise, because the benefit of voting does...
Persistent link: https://www.econbiz.de/10010280806
We present a theory to explain government procrastination as a consequence of its present-bias resulting from the political uncertainty in a two-party political system. We show that under a two-party political system the party in office tends to be present-biased. This may lead to inefficient...
Persistent link: https://www.econbiz.de/10010280644
interdependent Rubinstein-Ståhl negotiations. The outcome has a simple characterization (a Nash equilibrium in Nash bargaining …
Persistent link: https://www.econbiz.de/10010334737
easy. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite …
Persistent link: https://www.econbiz.de/10010309575
bargaining. The model is suggested by Björnerstedt and Stennek (2006) as a work horse for studying bilateral oligopoly. The key …
Persistent link: https://www.econbiz.de/10010320169
easy. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite …
Persistent link: https://www.econbiz.de/10010291818
single link towards a weak agent. Once agents do not know the impatience of the other agents, each bilateral bargaining …
Persistent link: https://www.econbiz.de/10010294312