Showing 1 - 10 of 10,094
We study the role of an imbalance in fighting strengths when players bargain in the shadow of conflict. Our … experimental results suggest: In a simple bargaining game with an exogenous mediation proposal, the likelihood of conflict is … independent of the balance of power. If bargaining involves endogenous demand choices, however, the likelihood of conflict is …
Persistent link: https://www.econbiz.de/10011576771
auction is beneficial to the buyer compared to no communication and ex-ante communication. In a setting where the buyer and … the winning supplier have misaligned interests regarding the terms, the buyer benefits from ex-ante communication relative … to no communication and ex-post communication. Our experimental data provide strong evidence for the predictions in the …
Persistent link: https://www.econbiz.de/10012167341
all conflict parties. It is the role of a mediator to stimulate communication that leads to mutual understanding of the …Mediation is a conflict resolution method in which a third neutral party provides assistance to the conflict parties …. The process of mediation, as well as any solution to the conflict arising from it, is implemented only by the consent of …
Persistent link: https://www.econbiz.de/10014029218
negotiations are characterized by long periods of stagnation, only minimal concessions, and the communication of false goals. By … in real life. Our study involves 15 negotiations from Germany and China. Over the course of the negotiation, bargainers …
Persistent link: https://www.econbiz.de/10011771180
This paper presents an analysis of general time preferences in the canonical Rubinstein (1982) model of bargaining, allowing for arbitrarily history-dependent strategies. I derive a simple sufficient structure for optimal punishments and thereby fully characterize (i) the set of equilibrium...
Persistent link: https://www.econbiz.de/10011705183
for how exchange can be facilitated by mechanisms that detect deceit and/or enable buyer communication in markets where …
Persistent link: https://www.econbiz.de/10013003880
experiment participants, and that allowing face-to-face pre-play communication increases efficiency although still not to the …
Persistent link: https://www.econbiz.de/10011852503
This paper analyzes blindfolded versus informed ultimatum bargaining where proposer and responder are both either uninformed or informed about the size of the pie. Analyzing the transition from one information setting to the other suggests that more information induces lower (higher) price...
Persistent link: https://www.econbiz.de/10011458465
In this paper we experimentally compare three implementations of Winter demand commitment bargaining mechanism: a one-period implementation, a two-period implementation with low and with high delay costs. Despite the different theoretical predictions, our results show that the three different...
Persistent link: https://www.econbiz.de/10013312426
The effects of pre-play communication in a coordination game with incomplete information about players' intensity of … preferences are compared to no communication controls. Pre-play communication significantly increases subjects' payoffs and the … probability of coordination, while reducing miscoordination. This results from communication being largely informative, in …
Persistent link: https://www.econbiz.de/10012922707