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This paper studies bargaining between a seller and a buyer with binary private valuation. Because the setting is more …
Persistent link: https://www.econbiz.de/10014502278
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
Bilateral bargaining situations are often characterized by informational asymmetries concerning the size of what is at …
Persistent link: https://www.econbiz.de/10011623050
In a recent paper Konrad and Thum (2014) present a model that shows that unilateral pre-commitment reduces the likelihood of agreement in bilateral negotiations over the provision of a public good when parties have private information over their contribution costs. We test the model in a...
Persistent link: https://www.econbiz.de/10010361371
A two-person infinite-horizon bargaining model where one of the players may have either of two discount factors, has a …
Persistent link: https://www.econbiz.de/10011673276
We find that probabilistic deceit detection and cheap-talk threats enhance the fairness and honesty of a bargainer who possesses advantageous information and has the opportunity to be deceitful. In our ultimatum game, only proposers know the size of the pie. Proposers, therefore, have the option...
Persistent link: https://www.econbiz.de/10013003880
We study the effect of the transparency of outside options in bilateral bargaining. A seller posts prices to screen a …
Persistent link: https://www.econbiz.de/10013005787
demonstrate this by adding random mediation to the Cramton (1992) bargaining model. Mediation increases welfare by pooling types …
Persistent link: https://www.econbiz.de/10013240900
The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting …
Persistent link: https://www.econbiz.de/10011852503
Persistent link: https://www.econbiz.de/10012175951