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How do informal agreements and renegotiation shape contractual reference points?

Fehr, Ernst; Hart, Oliver; Zehnder, Christian - 2011

Previous experimental work provides encouraging support for some of the central assumptions underlying Hart and Moore (2008)'s theory of contractual reference points. However, existing studies ignore realistic aspects of trading relationships such as informal agreements and ex post...

Persistent link: https://www.econbiz.de/10010282296

Altruism, cooperation, and efficiency: Agricultural production in polygynous households

Akresh, Richard; Chen, Joyce J.; Moore, Charity - 2011

Altruism among family members can, in some cases, inhibit cooperation by increasing the utility that players expect to receive in a non-cooperative equilibrium. To test this, we examine agricultural productivity in polygynous households in West Africa. We find that cooperation is greater -...

Persistent link: https://www.econbiz.de/10010282405

Why don't lenders renegotiate more home mortgages? Redefaults, self-cures, and securitization

Adelino, Manuel; Gerardi, Kristopher; Willen, Paul S. - 2009

We document the fact that servicers have been reluctant to renegotiate mortgages since the foreclosure crisis started in 2007, having performed payment-reducing modifications on only about 3 percent of seriously delinquent loans. We show that this reluctance does not result from securitization:...

Persistent link: https://www.econbiz.de/10010282780

Pre-electoral coalitions and post-election bargaining

Bandyopadhyay, Siddhartha; Chatterjee, Kalyan; … - 2009

Pre-electoral coalitions occur frequently in parliamentary democracies. They influence post election coalition formation and surplus division. We study a game theoretic model where political parties can form coalitions both before (ex ante) and after (ex post) the elections. Ex ante coalitions...

Persistent link: https://www.econbiz.de/10010282844

Potentially harmful international cooperation on global public good provision

Buchholz, Wolfgang; Cornes, Richard; Rübbelke, Dirk - 2012

Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead …

Persistent link: https://www.econbiz.de/10010283595

Competitive equilibrium in markets for votes

Casella, Alessandra; Llorente-Saguer, Aniol; Palfrey, … - 2012

We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy and sell their votes with each other. We define the concept of ex ante vote-trading equilibrium, and show by construction that an equilibrium exists. The equilibriumwe...

Persistent link: https://www.econbiz.de/10010286692

Empirical analysis of countervailing power in business-to-business bargaining

Beckert, Walter - 2011

This paper provides a comprehensive econometric framework for the empirical analysis of countervailing power. It encompasses the two main features of pricing schemes in business-to-business relationships: nonlinear price schedules and bargaining over rents. Disentangling them is critical to the...

Persistent link: https://www.econbiz.de/10010288319

The fatter the tail, the fatter the climate agreement: Simulating the influence of fat tails in climate change damages on the success of international climate negotiations

Dekker, Thijs; Dellink, Rob; Ketterer, Janina - 2013

International climate negotiations take place in a setting where uncertainties regarding the impacts of climate change …

Persistent link: https://www.econbiz.de/10010291562

International negotiation in China and India : a comparison of the emerging business giants

Kumar, Rajesh - 2011

Persistent link: https://www.econbiz.de/10009414688

Negotiation excellence : successful deal making

Benoliel, Michael (contributor) - 2011

Approaches: Claiming and 57 Creating Value JillM. Purdy 4. Creativity in Negotiations … Negotiations 139 Min Li and Julie Sadler Vll viii Contents 8. Power and … Negotiation 229 E. Layne Paddock and Laura J. Kray 13. Physiology in Negotiations …

Persistent link: https://www.econbiz.de/10009285083