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Coasian Bargaining, Property Rights, and the State

Rothschild, Daniel - 2018

The real purpose behind Ronald Coase's article, “The Problem of Social Cost” is to point out that government intervention as a solution to supposed market imperfections are not costless. Since government interventions can perhaps lead to greater costs than the problem the intervention is...

Persistent link: https://www.econbiz.de/10012911527

NAFTA Chapter 19 Revisited : Red Line or Bargaining Chip?

Ciuriak, Dan - 2018

important demand that Canada tabled in the free trade negotiations with the United States leading up to the 1989 Canada-US FTA …

Persistent link: https://www.econbiz.de/10012911821

Implementation Negotiation : A Transactional Skill that Builds on and Transforms Classic Negotiation Theory

Stark, Tina L. - 2018

the business terms of the transaction. Classic negotiation principles guide these deal term negotiations. But once the … about contract negotiations. Implementation negotiation theory does not displace classic negotiation theory. It … zone of agreement, even before negotiations begin. The article next details the multiple subcategories of implementation …

Persistent link: https://www.econbiz.de/10012913210

The Effect of Negotiation Costs on International Environmental Agreements : Regional versus Global Cooperation

Takashima, Nobuyuki - 2018

regional cooperative approach is an appropriate way to address the difficulties emerging in environmental negotiations …

Persistent link: https://www.econbiz.de/10012917044

A Bargaining Dynamic Transaction Cost Approach to Understanding Framework Contracts

Kostritsky, Juliet P. - 2018

This Article takes a different approach. It draws on the literature of these scholars but suggests that another way to understand the arrangements parties enter into in a variety of settings to purchase or sell goods or to innovate on a product or drug can best be understood in terms of a...

Persistent link: https://www.econbiz.de/10012917503

Supersizing : The Illusion of a Bargain and the Right-to-Split

Orzach, Ram - 2018

The supersizing phenomenon where menu prices for large fast food portions appear to be well below their marginal production costs is of considerable scholarly and policy interest. This article examines a monopoly facing demand functions where the single-crossing condition is violated. We find a...

Persistent link: https://www.econbiz.de/10012917618

Supersizing : The Illusion of a Bargain and the Right-to-Split

Orzach, Ram - 2018

Persistent link: https://www.econbiz.de/10012918026

Bargaining by Heterogeneously Responsive Individuals

Khan, Abhimanyu - 2018

I study the process of bargaining over a pie of fixed size under the Nash demand game protocol. Motivated by the argument that the manner in which bargaining unfolds often depends on antecedents, I embed the bargaining process in a recurrent framework where individuals obtain random samples from...

Persistent link: https://www.econbiz.de/10012918392

Virtual Bargaining as a Formal Account of Tacit Agreements

Melkonyan, Tigran - 2018

We provide a theoretical framework for understanding tacit agreements — agreements that are spontaneously understood even if they are not explicitly stated. To examine tacit agreements, we develop a general formal account of “virtual bargaining” — a mode of reasoning that joins elements...

Persistent link: https://www.econbiz.de/10012920648

How Adam Smith Negotiated Leave from Oxford : A Game-Theoretic Account

Weingast, Barry R. - 2018

At age 17, Adam Smith accepted a Snell Fellowship to Oxford, agreeing to be ordained as a minister of the Church of England. Smith did not fulfill this obligation. Instead, Oxford officials agreed to allow him to transfer from the Ordination to the civil law tract; and, later, to leave Oxford...

Persistent link: https://www.econbiz.de/10012921776