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Concessions try to avoid conflict in bargaining and can finally lead to an agreement. Although they usually are seen as …
Persistent link: https://www.econbiz.de/10010252385
Concessions try to avoid conflict in bargaining and can finally lead to an agreement. Although they usually are seen as …
Persistent link: https://www.econbiz.de/10010369305
This paper is a brief history of game theory with its main theme being the nature of the decision makers assumed in the various stages of its historical development. It demonstrates that changes in the "image of man" nourished the developments of what many believe to be progress in game theory....
Persistent link: https://www.econbiz.de/10008633413
I study a situation where two players disagree on the division of a good. In the first of two stages, the players can divide the good peacefully between them by signing a contract. If either or both players reject the contract, they must engage in a costly contest over the good. One of the...
Persistent link: https://www.econbiz.de/10010337007
Can two negotiators fail to agree when both the size of the surplus and the rationality of the negotiators are common knowledge? We show that the answer is affirmative. When the negotiators can make irrevocable commitments at a low but positive cost, the unique symmetric equilibrium entails...
Persistent link: https://www.econbiz.de/10012721119
costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In … this paper, we examine how international trade regimes affect the costs of conflict and, in turn, how the desirability of … international trade is affected by these costs. We consider both domestic and international conflict. Trade openness reduces the …
Persistent link: https://www.econbiz.de/10013419262
experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game …
Persistent link: https://www.econbiz.de/10011762571
therefore conducted an experiment to see if people make the predicted strategic move. The experiment uses a simple bargaining …
Persistent link: https://www.econbiz.de/10005749599
unterscheiden lassen. Im Experiment verhalten sich Soldaten im Durchschnitt signifikant altruistischer, kooperativer …
Persistent link: https://www.econbiz.de/10011582313
Experiment verhalten sich Soldaten im Durchschnitt signifikant altruistischer, kooperativer, vertrauensvoller und …
Persistent link: https://www.econbiz.de/10011413150