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Automated Multilateral Negotiation on Multiple Issues with Private Information

Zheng, Ronghuo - 2019

In this paper, we propose and analyze a distributed negotiation strategy for a multi-agent multi-attribute negotiation … concede during the negotiation, we propose and analyze a reactive concession strategy. We demonstrate through computational … experiments that our distributed negotiation strategy yields performance sufficiently close to the Nash bargaining solution, and …

Persistent link: https://www.econbiz.de/10012903886

Behavioral Modeling of Sequential Bargaining Games : Fairness and Limited Backward Induction

Qu, Xia - 2013

Experiments show that in sequential bargaining games (SBG), subjects usually deviate from game-theoretic predictions. Previous explanations have focused on considerations of fairness in the offers, and social utility functions have been formulated to model the data. However, a recent explanation...

Persistent link: https://www.econbiz.de/10013078226

Rhetoric in legislative bargaining with asymmetric information

Chen, Ying; Eraslan, Hülya - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 2, pp. 483-513

We analyze a three-player legislative bargaining game over an ideological and a distributive decision. Legislators are privately informed about their ideological intensities, i.e., the weight placed on the ideological decision relative to the weight placed on the distributive decision....

Persistent link: https://www.econbiz.de/10011674460

On the Survival of Some Unstable Two-Sided Matching Mechanisms : An Experimental and Computational Investigation of the Stability Hypothesis

Ünver, M. Utku - 2001

We conduct a laboratory experiment and parallel computational adaptive agent simulations on unraveling of contract dates in two-sided matching markets inspired by the entry-level professional labor markets for medical interns in Britain. Experimental design consists of decentralized and mixed...

Persistent link: https://www.econbiz.de/10014124279

Equilibrium Computation of the Hart and Mas-Colell Bargaining Model

Cao, Zhigang - 2014

The 8th problem raised by [Hart and Mas-Colell (2010) Bargaining and Cooperation in Strategic Form Games. Journal of the European Economics Association, 8(1): 7-33], is solved. To be specific, I show that the set of SP equilibria can be determined by a finite number of systems of linear...

Persistent link: https://www.econbiz.de/10013064257

Endogenous heterogeneous gender norms and the distribution of paid and unpaid work in an intra-household bargaining model

Hager, Theresa; Mellacher, Patrick; Rath, Magdalena - 2023

We study the impact of gender norms on the distribution of paid and unpaid labor between women and men in an intra-household bargaining model featuring endogenous social norms. In contrast to the previous literature, which assumes a homogeneous social norm, agents are connected via explicitly...

Persistent link: https://www.econbiz.de/10014314080

Alternating offers in economic environments

Houba, Harold - 2005

The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary subgame perfect equilibrium proposals in the alternating offers model, also for positive time between proposals. As time vanishes, convergence to the Nash bargaining solution is...

Persistent link: https://www.econbiz.de/10011343949

Stochastic orders of proposing players in bargaining

Houba, Harold - 2005

The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is strategically equivalent to the alternating offers model. For all parameter values, the pair of equilibrium proposals corresponds to the Nash bargaining solution of a modified...

Persistent link: https://www.econbiz.de/10011343950

Perfect equilibria in a negotiation model with different time preferences

Houba, Harold; Wen, Quan - 2006

There has been a long debate on equilibrium characterization in the negotiation model when players have different time …

Persistent link: https://www.econbiz.de/10011348702

Bargaining with charitable promises : true preferences and strategic behavior

Lange, Andreas; Schwirplies, Claudia - 2021

We report experimental ﬁndings on the role of charitable promises in bargaining settings. We vary the enforceability of such promises within variants of ultimatum games where the proposer suggest a split between himself, the responder and a char-itable donation. By reneging on initial pledges,...

Persistent link: https://www.econbiz.de/10012534829