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it concerns the topics of bargaining and negotiations, but also because it relates to the question about under which …
Persistent link: https://www.econbiz.de/10011898931
We look at the basic applications of cooperative game theory to economic situations. These include bargaining and …
Persistent link: https://www.econbiz.de/10010883241
In contrast to the existing literature, which explains the recurrent cost problem as largely the result of institutional impediments to LDC welfare maximization, this paper analyzes the problem by constructing a series of scenarios in which the less developed country would be led to reduce the...
Persistent link: https://www.econbiz.de/10005619470
This article proposes a method for considering the bargaining agenda as an endogenous phenomenon in gradual bargaining … games, understood as being path-dependent processes. Some short, medium and long-term results for bargaining are presented …
Persistent link: https://www.econbiz.de/10005550892
Injurers often purchase the property of potential victims to avoid liability or to comply with regulations. This paper shows that injurers subject to cost-benefit standards could profit from buying out victims even if they attach no value to the victims' property. Because buyouts allow injurers...
Persistent link: https://www.econbiz.de/10014102658
I consider a bargaining game in which, unlike the standard economic bargaining game (e.g. Rubenstein, 1982), only one … bargaining games the patience of the proposer seems to be less important than the patience of the other players …
Persistent link: https://www.econbiz.de/10012962763
consistent with these facts. In this theory, search and bargaining with incomplete information generates stickiness in the …
Persistent link: https://www.econbiz.de/10012955614
preferences in the case of losses. In this experimental study, participants share a loss in a Nash bargaining game. Instead of … experiment consists of four versions of the Nash bargaining game, which vary in a way that allows a comparison of four classical … provides a better prediction than do classical concepts for the outcome of a Nash bargaining game involving losses. Furthermore …
Persistent link: https://www.econbiz.de/10013105195
communication matters. We use a multilateral bargaining setting, and focus on the specific strategic setup of the "divide …
Persistent link: https://www.econbiz.de/10013073425
Simple bargaining games are the foundation of more complex social interactions necessary for healthy relationships and … classic simple bargaining games (ultimatum, dictator, and trust games). Specifically, we experimentally manipulate sleep …
Persistent link: https://www.econbiz.de/10011450381