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The Hart-and-Mas-Colell bargaining model [Hart and Mas-Colell (2010). “Bargaining and Cooperation in Strategic Form Games.” Journal of the European Economics Association, 8, 7-33], which is based on strategic form games, is a very promising model possessing many beautiful features....
Persistent link: https://www.econbiz.de/10013066306
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
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
We study contracting and costly renegotiation in settings of complete but unverifiable information, using the mechanism-design approach. We show how renegotiation activity is best modelled in the fundamentals of the mechanism-design framework, so that noncontractibility of renegotiation amounts...
Persistent link: https://www.econbiz.de/10014113645
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
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 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
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
This paper analyzes the a priori influence of the European Parliament (EP) and the Council of Ministers (CM) on legislation of the European Union adopted under its codecision procedure. In contrast to studies which use conventional power indices, both institutions are assumed to act...
Persistent link: https://www.econbiz.de/10013318840
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/10013319781