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We consider two-person bargaining games with interdependent preferences and bilateral incomplete information. We show that in both the ultimatum game and the two-stage alternating-offers game, our equilibrium predictions are consistent with a number of robust experimental regularities that...
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Given the vital and controversial debate on fairness concerns in international climate negotiations, the acceptance of a climate treaty may be fostered if the distribution of costs and benefits from global environmental protection is perceived to be "fair". Since an agreement must be acceptable...
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