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their communication links with upfront transfers. The main theorem characterizes a condition on network structures for …
Persistent link: https://www.econbiz.de/10011279698
nodes in a communication network. However, communication through the network is noisy, which removes common knowledge about …
Persistent link: https://www.econbiz.de/10011600156
Proxy wars are a key pattern of political conflict and interstate competition. Rather than resorting to direct …, but are less costly and render them more immune to exogenous shocks. We start with the modeling of a direct war with two … war where the proposed equilibria are realizable, but not always sustainable in the long run. The consolidation level of …
Persistent link: https://www.econbiz.de/10011805757
This paper studies independence of higher claims and independence of irrelevant claims on the domain of bargaining problems with claims. Independence of higher claims requires that the payoff of an agent does not depend on the higher claim of another agent. Independence of irrelevant claims...
Persistent link: https://www.econbiz.de/10012859397
Persistent link: https://www.econbiz.de/10002071407
nodes in a communication network. However, communication through the network is noisy, which removes common knowledge about …
Persistent link: https://www.econbiz.de/10011324912
Persistent link: https://www.econbiz.de/10011293657
Persistent link: https://www.econbiz.de/10012514810
setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the … harms the proposer. Notwithstanding, maximal claims by proposers are predominant for all game types. This generates conflict … and results in a considerable loss of efficiency. -- Social Preferences ; Conflict ; Experimental Economics ; Bargaining …
Persistent link: https://www.econbiz.de/10009374671
Two partners try to dissolve a partnership that owns an asset of ambiguous value, where the value is determined ex post 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,...
Persistent link: https://www.econbiz.de/10014380287