makers , understanding of the final stage of the procedure bargaining in the Conciliation Committee is crucial. Here, EP and … bargaining theory to predict inter-institutional agreements in the Conciliation Committee, it turns out that although …

by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining … mechanisms: unstructured bargaining, the Texas shoot-out, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …