We consider an alternating offer bargaining model in which the players may agree to call in an arbitrator in case of disagreement. The main message of our study is that the mere presence of an arbitrator - who can only become active with the consent of both parties - in the background of...

The resolution of a conflict often has an impact which extends beyond the remits of the parties directly involved in the confrontation (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised, models addressing...

This article reports not only theoretical solution of bargaining problem as used by game theoreticians but also an adequate calculus. By adequate calculus we understand an algorithm that can lead us to the result within reasonable timetable using either the computing power of nowadays computers...

This paper introduces a nonparametric binary classification tree approach to inferring unobserved strategies from the observed actions of economic agents. The strategies are in the form of possibly nested if- then statements. We apply our approach to experimental data from the repeated ultimatum...

This paper is an advertisement for some facts and ideas that I think likely to lead to a richer theory of the economics of the family. The discussion references many papers from anthropology and biology. Because of the intimate connection between the family and reproduction, it should not be...

Can the President or the Senate affect the balance of power in the House? We find that they can. Our answer comes from a model that links House leadership decisions to the constitutional requirement to build lawmaking coalitions with the Senate and President. Changing the ideal point of a...