Search Results - subject:"outside options"

Profit Sharing, Credit Market Imperfections and Equilibrium Unemployment

Koskela, Erkki; Stenbacka, Rune - 2004

presence of profit sharing. In a partial equilibrium with exogenous outside options increased bargaining power of banks has … adverse employment effects. In a general equilibrium with endogenous outside options this relationship is frequently reversed …

Persistent link: https://www.econbiz.de/10010261788

Randomly Available Outside Options in Bargaining

Ponsati, Clara; Sakovics, Jozsef - School of Economics, University of Edinburgh - 2004

We consider an extension of the standard Rubinstein model where both players are randomly allowed to leave the negotiation after a rejection, in which case they obtain a payoff known value. We show that, when the value of the outside opportunities is of intermediate size, there exist a continuum...

Persistent link: https://www.econbiz.de/10005369115

Contracting with Externalities and Outside Options

Bloch, Francis; Gomes, Armando - Fondazione ENI Enrico Mattei (FEEM) - 2004

encompasses many economic models with externalities and outside options. We show that when outside options are pure (i … players become perfectly patient. If outside options are not pure, all Markov perfect equilibria may be inefficient. The …

Persistent link: https://www.econbiz.de/10005385394

Contracting with externalities and outside options

Bloch, Francis; Gomes, Armando R. - 2004

Persistent link: https://www.econbiz.de/10011602846

Optimal allocation mechanisms with single-dimensional private information

Figueroa, Nicolás; Skreta, Vasiliki - In: Review of Economic Design 15 (2011) 3, pp. 213-243

Persistent link: https://www.econbiz.de/10009324533

Experiments on bilateral bargaining in markets

Tutic, Andreas; Pfau, Stefan; Casajus, André - In: Theory and Decision 70 (2011) 4, pp. 529-546

Persistent link: https://www.econbiz.de/10008926027

Price-setting Power versus Private Information

Sloof, Randolph - 2003

in which outside options are publicly observed, the seller obtains an informational rent while the buyer bears an …

Persistent link: https://www.econbiz.de/10010325012

Price-setting power versus private information

Sloof, Randolph - 2003

in which outside options are publicly observed, the seller obtains an informational rent while the buyer bears an …

Persistent link: https://www.econbiz.de/10011334336

Price-setting Power versus Private Information

Sloof, Randolph - Tinbergen Instituut - 2003

in which outside options are publicly observed, the seller obtains an informational rent while the buyer bears an …

Persistent link: https://www.econbiz.de/10011255996

Price-setting Power versus Private Information

Sloof, Randolph - Tinbergen Institute - 2003

in which outside options are publicly observed, the seller obtains an informational rent while the buyer bears an …

Persistent link: https://www.econbiz.de/10005137223