Embrey, Matthew; Fréchette, Guillaume R.; Lehrer, Steven F. - In: Review of Economic Studies 82 (2015) 2, pp. 608-631
We conduct a series of laboratory experiments to understand what role commitment and reputation play in bargaining. The experiments implement the Abreu and Gul (2000) bargaining model that demonstrates how introducing behavioral types, which are obstinate in their demands, creates incentives for...