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bargaining. It appears that bilateral bargaining may be more profitable for the seller. Results also suggest no correlation … between bargaining skills and an ability to make profit at the auction …
Persistent link: https://www.econbiz.de/10014053617
We study the alternating-offers bargaining problem of assigning an indivisible and commonly valued object to one of two … veto power over any settlement. There is no depreciation during the bargaining process which involves signalling of private …
Persistent link: https://www.econbiz.de/10010373492
We study the alternating-offer bargaining problem of sharing a common value pie under incomplete information on both …
Persistent link: https://www.econbiz.de/10010373493
I develop an infinite-horizon alternating-offers model of multilateral negotiations, a common means of exchange whose strategic complexity has hindered previous modeling efforts. Multilateral negotiations occur in numerous settings in which one party wishes to trade with one of several others,...
Persistent link: https://www.econbiz.de/10013096643
's favour during the day. These presumptions are then shown to be confirmed by our data set. -- Bargaining ; Markets … distribution of the buyer's reservation price. We show that periods with no buyer refusals, of offers or bargaining with no …
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I study a situation where two players disagree on the division of a good. In the first of two stages, the players can divide the good peacefully between them by signing a contract. If either or both players reject the contract, they must engage in a costly contest over the good. One of the...
Persistent link: https://www.econbiz.de/10010337007