This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …

Pairing Games or Markets studied here are the non-two-sided NTU generalization of assignment games. We show that the … are in the Demand Bargaining Set. We give a dynamic Market Procedure that reaches the Equilibrium Set in a bounded number …

We conduct a laboratory experiment to study a decentralized market where players engage in multiple simultaneous … trading games. We propose a new class of bargaining protocols that allow players to keep bid amounts shrouded from each other … (covert bargaining) and to revise their bids if they wish to. We show that these bargaining protocols dramatically improve …