Showing 1 - 10 of 3,520
This paper presents an analysis of general time preferences in the canonical Rubinstein (1982) model of bargaining …
Persistent link: https://www.econbiz.de/10011705183
We provide causal evidence that patience is a significant source of bargaining power. Generalizing the Rubinstein (1982 …) bargaining model to arbitrarily non-stationary discounting, we first show that dynamic consistency across bargaining rounds is … bargaining delay is negligible (frequent offers, so dynamic consistency holds by design), while payoff delay is significant (a …
Persistent link: https://www.econbiz.de/10014279476
I revisit the Rubinstein (1982) model for the classic problem of price hag- gling and show that bargaining can become a … of fixed bargaining costs). Augmenting the protocol with unilateral exit options for responding bargainers generally …
Persistent link: https://www.econbiz.de/10013191479
I revisit the Rubinstein (1982) model for the classic problem of price haggling and show that bargaining can become a … of fixed bargaining costs). Augmenting the protocol with unilateral exit options for responding bargainers generally …
Persistent link: https://www.econbiz.de/10013358929
The paper studies bargaining games involving players with present-biased preferences. The paper shows that the relative … timing of bargaining rewards and bargaining costs will determine whether the players' present-bias will affect bargaining … outcomes. In cases where players agree to a bargain in period 1 and experience all bargaining payoffs in period 2, the players …
Persistent link: https://www.econbiz.de/10014422534
offers bargaining and repeated games. Generally, the negotiation game in general admits a large number of equilibriums but …Our paper considers a 'negotiation game' between two players which combines the features of two-players alternating … some of which involve delay and inefficiency. Thus, complexity and bargaining in tandem may offer an explanation for …
Persistent link: https://www.econbiz.de/10014171511
gain or compete for own gain and those involving bargaining and division of a surplus - in children and adults with and …-known prisoner's dilemma, are associated with mentalising ability. In contrast, generosity in bargaining tasks did not depend upon …
Persistent link: https://www.econbiz.de/10014085088
The present paper analyzes the dynamics of bargaining of the ultimatum game in presence of social differences amidst …
Persistent link: https://www.econbiz.de/10014026906
The Adjusted Winner mechanism for two-player bargaining has been theoretically shown to produce fair (efficient and … envy-free) outcomes (Brams and Taylor 1996). We study this claim experimentally in a bilateral bargaining game of … results vary greatly depending on the knowledge that each party has of the preferences of their bargaining partner. Under …
Persistent link: https://www.econbiz.de/10014027622
The sealed-bid k-double auction mechanism for two-person bargaining under incomplete information can be extended by … results show that implementation of a bonus has a significant impact on bargaining behavior but not nearly to the extent …
Persistent link: https://www.econbiz.de/10014028811