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-to-government food importing contracts, with a focus on ad-hoc and forward multiple-sourcing negotiations.[Academic / Practical Relevance …:] We are the first to comprehensively study ad-hoc and forward multiple-sourcing negotiations for food importing. Such … Nash-in-Nash framework to analyze multiple-sourcing negotiations.[Results:] We find that while forward negotiations are not …
Persistent link: https://www.econbiz.de/10013246818
Plea bargaining dominates the U.S. criminal justice system and has garnered calls to reduce its prevalence. In 2013 Alaska's Attorney General acted banning a practice known as sentencing bargaining where the prosecutor negotiates with the defense over the length of the incarceration. I provide...
Persistent link: https://www.econbiz.de/10013247964
Which is the more profitable way to sell a company: a public auction or an optimally structured negotiation with a smaller number of bidders? We show that under standard assumptions the public auction is always preferable, even if it forfeits all the seller's negotiating power, including the...
Persistent link: https://www.econbiz.de/10013248693
While the theoretical literature on non-cooperative legislative bargaining has grown voluminous, there is little empirical work attempting to test a key prediction in this literature: proposal power is valuable. This paper aims to fill this gap in the literature by investigating the role of...
Persistent link: https://www.econbiz.de/10013233902
Persistent link: https://www.econbiz.de/10013282603
This Article presents a novel challenge to one of the central principles of the law and economics literature. Traditional law and economics theory places great confidence in the ability of contracting parties to bargain for optimal contracts, and the law reflects this confidence in many...
Persistent link: https://www.econbiz.de/10013214925
after those recommendations, including the stalled negotiations over a voluntary code and Google and Facebook’s campaigns …
Persistent link: https://www.econbiz.de/10013215867
This paper considers social contracts (or mechanisms) in negotiations with incomplete information in which an outside …-management bargaining, pretrial negotiations, and international negotiations. I compute the set of interim incentive efficient mechanisms …
Persistent link: https://www.econbiz.de/10013216591
We investigate the efficiency of dynamic random matching and bilateral bargaining markets with adverse selection. We take a detail-free approach to the bargaining game, assuming only that: (a) each agent's actions are optimal given the equilibrium market conditions and the equilibrium strategy...
Persistent link: https://www.econbiz.de/10013217866
I argue in this article that in the context of negotiation ethics, the criticism that the Model Rules merely regurgitate existing legal duties is too weak; the Rules permit or require lawyers to ignore legal duties in several circumstances when those duties conflict with client interests or with...
Persistent link: https://www.econbiz.de/10013157611