-competitive theories of bargaining and efficiency wages. …

matching protocol, but does not interfere with the bargaining, eliminates all delay. Even though this efficient centralized …

prices and increasingprofits. Welfare falls because of the uncertainty in the bargaining process, which generates …

a third benefit from commitment which arises from low host country bargaining power when negotiating incentive levels … with foreign investors. If bargaining power is low, incentives agreed under bargaining will be generous to the investor and … host country welfare will be lower than otherwise. It is shown that this consequence of low bargaining power may be avoided …

List prices are not completely credible as take it or leave it prices: buyers are able to seek reductions by bargaining …

those who don`t bargain and the bargained prices for those who were already bargaining rise: sellers have a greater … Authority exhortations to bargain can therefore be misplaced. We also consider the implications for optimal seller bargaining. …

This paper analyses the implications of bargaining between buyers and sellers on the competitive outcome in a … homogeneous good industry. Bargaining creates a competitive equilibrium in which some inefficient sellers coexist with efficient … price dispersion but transaction price uniformity. The bargaining models is not observationally equivalent to Bertrand …