In standard auctions with symmetric, independent private value bidders resale creates a role for a speculator - a …

and retaliation and, thus, lower efficiency when the bargaining partners have the same gender than when they have the …-person bargaining game where the other party's gender is known to both actors. We find that (1) gender per se has no significant effect …

Beitrag beschreibt eine ?double-oral auction?, durchgeführt als Hörsaal-Experiment, und zeigt auf, daß Wettbewerb mit hoher … as a classroom experiment. and show that competition is likely to discover the market equilibrium as well as the wealth …

the optimal SPA does, which suggests that FPA dominates SPA in terms of both allocative and Pareto efficiency. Increasing …

field experiments. Allocative efficiency implies a hypothetical costless aftermarket would be inactive. An outcome of an …. Methodological requirements for observation of behavioral efficiency or inefficiency are put forward. A simple field demonstration …

This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … only perform unskilled jobs. Our first result shows that the equilibrium with ex-post bargaining is never efficient. Second … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …

strategy-proofness, Pareto-efficiency, individual rationality, and nonnegative payment on the domain that includes nonquasi …

An uncovered bargaining solution is a bargaining solution for which there exists a complete and strict relation … (tournament) such that, for each feasible set, the bargaining solution set coincides with the uncovered set of the tournament. We … provide a characterization of a class of uncovered bargaining solutions. …