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Hart & Moore (1999) construct a model to show that contracts perform poorly when the state of the world is unverifiable …
Persistent link: https://www.econbiz.de/10014135183
The European Union (EU) has moved towards bicameralism, making the codecision procedure its most important mechanism for decision making. To gauge if European Parliament (EP) and Council of Ministers (CM) are equally powerful "codecision makers", understanding of the final stage of the procedure...
Persistent link: https://www.econbiz.de/10001912496
The ultimatum game models social exchange in situations in which the rational motive to maximize gains conflicts with fairness considerations. Using two independent behavioral measurements, the authors tested two contradicting predictions: that the preference for fairness is a deliberative...
Persistent link: https://www.econbiz.de/10014181014
in industry. We assume tier-wise negotiations, sole sourcing within each tier, complete local information, and horizontal …
Persistent link: https://www.econbiz.de/10014045118
A new feature pertaining to proposer's ability to implement offers is introduced in the extensive form bargaining mechanism studied in Chatterjee et. al. (1993). This mechanism is used to analyze two classes of coalitional games with transferable utility. One class is that of strictly...
Persistent link: https://www.econbiz.de/10012963352
The United Kingdom will leave the European Union. Brexit will involve many complex negotiations. This paper analyses the negotiation position of the parties (UK, EU, Member States) based on a set of four key negotiation factors: agreement options, non-agreement alternatives, interests, and...
Persistent link: https://www.econbiz.de/10012967753
This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also covers models of group and network formation by farsighted...
Persistent link: https://www.econbiz.de/10014025687
resource extraction contracts, could help resolve the environmental crisis that is based on over-extraction of global resources. …
Persistent link: https://www.econbiz.de/10011438819
The European Union (EU) has moved towards bicameralism, making the codecision procedure its most important mechanism for decision making. To gauge if European Parliament (EP) and Council of Ministers (CM) are equally powerful codecision makers , understanding of the final stage of the procedure...
Persistent link: https://www.econbiz.de/10011509443
resource extraction contracts, could help resolve the environmental crisis that is based on over-extraction of global resources …
Persistent link: https://www.econbiz.de/10013001014