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Strategic Alliances in Coalitional Bargaining

Lee, Joosung - 2018

To analyze players' strategic alliance behavior, we introduce a new noncooperative coalitional bargaining model, in which each player can buy out other players with upfront transfers. We uncover the role of an essential player in a transferable utility game, or a veto player in a simple game, in...

Persistent link: https://www.econbiz.de/10012922042

Multilateral bargaining in networks : on the prevalence of inefficiencies

Lee, Joosung - 2015

We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....

Persistent link: https://www.econbiz.de/10011279698

Contests and negotiation between hubristic players

Long, Iain W. - 2019

Why do contests exist in settings where negotiation provides a costless alternative? I assess a new explanation: parties may be overconfident about their ability or optimistic about their chances of winning. For both parties in a contest, this hubris: (i) reduces the incentive to exit the...

Persistent link: https://www.econbiz.de/10012052378

Bargaining and War : On the Communication Equilibrium in Conflict Games

Park, Youngseok; Campbell, Colin M. - 2022

We present a version of Baliga and Sjöström’s (2012a) conflict games with two asymmetric players. The players …

Persistent link: https://www.econbiz.de/10014093382

Auctioning the right to play ultimatum games and the impact on equilibrium selection

Shachat, Jason M.; Swarthout, J. Todd - In: Games 4 (2013) 4, pp. 738-753

We auction scarce rights to play the Proposer and Responder positions in ultimatum games. As a control treatment, we … randomly allocate these rights and charge exogenous participation fees. These participation fee sequences match the auction … to a session-specific Nash equilibrium, and auction prices emerge supporting this equilibrium by the principle of forward …

Persistent link: https://www.econbiz.de/10010240820