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fairness, as an imposed sequence of offers, as a source of transaction cost and as a species of conflict. Also discussed is the … are struck. We have no explanation of bargaining, comparable to the general equilibrium in the economy, accounting for … essential features of bargaining as we know it with reference to universal self-interested behaviour subject only to economy …
Persistent link: https://www.econbiz.de/10010290331
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …
Persistent link: https://www.econbiz.de/10011397676
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …
Persistent link: https://www.econbiz.de/10013321204
systematically refutes the self-interest hypothesis and suggests that many people are strongly motivated by concerns for fairness and … insights into the nature of preferences and into the relative performance of competing theories of fairness. The purpose of …
Persistent link: https://www.econbiz.de/10010440965
We extend the Baron and Ferejohn (1989) model of multilateral bargaining by allowing the players to attempt commiting … to a bargaining position prior to negotiating. If successful, commitment binds a player to reject any proposal which … reason is that competition to be included in the winning coalition discourages attempts to commit to an aggressive bargaining …
Persistent link: https://www.econbiz.de/10012176463
making. We do so in the context of a distributive multilateral bargaining model featuring strategic pre-commitment. Prior to … each bargaining round, players can declare a minimum share that they must receive in return for their vote. Such …
Persistent link: https://www.econbiz.de/10014578010
We study whether the Coase conjecture holds in a model of bargaining during conflict due to Powell and Fearon. Two … players, A and B, contest a divisible resource. At any time during the conflict, they can make a binding agreement to share … the resource. The conflict continues until they make an agreement or one side collapses. Player B privately knows w hether …
Persistent link: https://www.econbiz.de/10014451286
We study whether the Coase conjecture holds in a model of bargaining during conflict due to Powell and Fearon. Two … players, A and B, contest a divisible resource. At any time during the conflict, they can make a binding agreement to share … the resource. The conflict continues until they make an agreement or one side collapses. Player B privately knows w hether …
Persistent link: https://www.econbiz.de/10014480449
We extend the Baron and Ferejohn (1989) model of multilateral bargaining by allowing the players to attempt commiting … to a bargaining position prior to negotiating. If successful, commitment binds a player to reject any proposal which … reason is that competition to be included in the winning coalition discourages attempts to commit to an aggressive bargaining …
Persistent link: https://www.econbiz.de/10012545943
In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised,...
Persistent link: https://www.econbiz.de/10011405864