Showing 1 - 10 of 3,504
the public project? In an incomplete contracting framework with split-the-difference bargaining, Besley and Ghatak (2001 …
Persistent link: https://www.econbiz.de/10010939486
Oil and gas lease negotiations provide mineral owners the opportunity to negotiate for both compensation and auxiliary clauses that may protect their health and properties. We use optical character recognition to assemble a novel dataset of compensation and specific clauses in nearly 60,000...
Persistent link: https://www.econbiz.de/10013477298
the seller’s relative bargaining power and bargaining share. This in turn fosters the seller’s incentives to invest even …
Persistent link: https://www.econbiz.de/10005497871
The paper studies agents' general or specific investment decisions under different ownership structures in a thin, decentralized market where each agent's decision affects the decisions and welfare of other agents mainly through indirect market linkages. It focuses on the roles of both...
Persistent link: https://www.econbiz.de/10005579545
dramatically affect the way in which an increase in workers' bargaining power affects (under)investment. Without loss of generality … takeovers, the higher workers' bargaining power, the higher their wage flexibility and effort and the firm's capacity to invest …' effort and wage flexibility are restricted and decrease with the workers' initial bargaining power. Various takeover defence …
Persistent link: https://www.econbiz.de/10005656178
collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We … explore the implications of using the generalized Nash bargaining solution. A prominent finding regarding the suboptimality of … to give ownership to a party whose investments are less productive, provided that this party’s ex-post bargaining power …
Persistent link: https://www.econbiz.de/10010662387
collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We … explore the implications of using the generalized Nash bargaining solution. A prominent finding regarding the suboptimality of … to give ownership to a party whose investments are less productive, provided that this party's ex-post bargaining power …
Persistent link: https://www.econbiz.de/10011084329
the public project? In an incomplete contracting framework with split-the-difference bargaining, Besley and Ghatak (2001 …
Persistent link: https://www.econbiz.de/10011084400
Forgiveness and reconciliation have been shown to be beneficial alternatives to revenge as responses to an … victim. Moreover, existing research is often unclear about the relationship between forgiveness and reconciliation. In … response, this article proposes a conceptual framework of forgiveness, reconciliation, and their respective antecedents which …
Persistent link: https://www.econbiz.de/10010868463
/absence of apologies, and cancellation of consequences. A high level of willingness to forgive was observed among the Kuwaitis …
Persistent link: https://www.econbiz.de/10010770256