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In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm's matching model of unemployment. To the best of...
Persistent link: https://www.econbiz.de/10009210932
Persistent link: https://www.econbiz.de/10009324694
Survey data for this paper were collected in a rural district in Kenya between December 2000 and January 2001. The main objective was to identify the factors determining female participation in household decision making. Our results suggest that bargaining models and resource theory cannot be...
Persistent link: https://www.econbiz.de/10008564241
In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm’s matching model of unemployment. To the best of...
Persistent link: https://www.econbiz.de/10008564709
Survey data on which this paper is based were collected in a rural district in Kenya between December 2000 and January 2001. The main objective was to identify the factors that determine female participation in household decision-making. Our results suggest that bargaining models and resource...
Persistent link: https://www.econbiz.de/10008853651
We present a new class of dynamic bargaining problems, called "bargaining problems with intertemporal maximin payoffs," that may reflect sustainability problems having to encompass conflicting issues in the long-run. Each bargainer (or stake-holder) has a representative indicator, namely a...
Persistent link: https://www.econbiz.de/10008865900
For two-person complete-information strategic games with transferable utility, all major variable-threat bargaining and arbitration solutions coincide. This confluence of solutions by luminaries such as Nash, Harsanyi, Raiffa, and Selten, is more than mere coincidence. Staying in the class of...
Persistent link: https://www.econbiz.de/10008804919
We examine the causal effect of commuting distance on workers' wages in a quasi-natural experiments setting using information on all workers in Denmark. We account for endogeneity of distance by using changes in distance that are due to firms' relocations. For the range of commuting distances...
Persistent link: https://www.econbiz.de/10008838572
In this article, the authors use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. They apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm’s matching model of unemployment. To...
Persistent link: https://www.econbiz.de/10008672469
Using unique panel data on individual transactions between buyers and sellers in the spot market for live hogs, we found a large degree of intra-day price dispersion. Motivated by this empirical puzzle, we offer an explanation which is rooted in the bargaining with search theory. We formulate...
Persistent link: https://www.econbiz.de/10008693222