Showing 1 - 10 of 15,292
In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power … at gender differences in bargaining behavior and in the effect of nominal weights. We find that women and men differ in …
Persistent link: https://www.econbiz.de/10013171871
This short paper demonstrates that the equilibrium payoffs of an alternating-offers bargaining game over a unit of …
Persistent link: https://www.econbiz.de/10012941803
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
It is well known that delegating the play of a game to an agent via incentive contracts may serve as a commitment device and hence provide a strategic advantage. Previous literature has shown that any Nash equilibrium outcome of an extensive-form principals-only game can be supported as a...
Persistent link: https://www.econbiz.de/10012001777
effects on strike incidence. This ambiguity may explain why higher strike costs need not always lead to fewer strikes, and … incidence data. Although couched in terms of strikes, the results are equally applicable to other negotiation situations. …
Persistent link: https://www.econbiz.de/10011641774
I study a situation where two players disagree on the division of a good. In the first of two stages, the players can divide the good peacefully between them by signing a contract. If either or both players reject the contract, they must engage in a costly contest over the good. One of the...
Persistent link: https://www.econbiz.de/10010337007
This paper argues that the notion of focal points is important in understanding bargaining processes. Recent literature … confines a discussion of the usefulness of the notion to coordination problems and when bargaining experiments result in … equal split division and it re-interprets recent experimental evidence in bargaining games. Experimental economists should …
Persistent link: https://www.econbiz.de/10011349211
We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …
Persistent link: https://www.econbiz.de/10011674462
This paper studies bargaining outcomes in economies in which agents may be able to impose outcomes that deviate from … the relevant social norms but incur costs when they do so. It characterizes bargaining outcomes that are easiest for a … approach yields the Nash bargaining solution, the Kalai-Smorodinsky solution, the equal monetary split, and other bargaining …
Persistent link: https://www.econbiz.de/10015135347
We first show through a counter-example that the existence result of Maskin: Bargaining, coalitions and externalities …, Presidential address of the Econometric Society, 2003] does not extend beyond three players.Intuitively, the bargaining may not be … able to continue because there may be no optimal offer at all. Then we consider the effect of bargaining orders for the …
Persistent link: https://www.econbiz.de/10014176923