This Paper considers a time-inconsistent individual who has the ability to make promises that lead to a financial or … reputation loss if broken. We first identify conditions under which promises made are kept, and conditions under which they are … (partially) broken. Second, we endogenize the financial loss from breaking promises by considering interpersonal monitoring and …

cooperation. The Paper explores under which conditions a large stable coalition is likely to emerge, and identifies the …

be profitable for all players involved in the negotiation. Even when they are profitable, however, they are often … agreements which are profitable and stable. This paper presents a model where an environmental negotiation, which is profitable … but unstable, is `stabilized' by linking it to an agreement on R&D cooperation, which is shown to be profitable and stable …

be derived from the recent outcomes of climate negotiations. Even though an equitable sharing of the costs of controlling …

: the stakes are substantial, there are no restrictions on the negotiations or the terms of a deal, outside options are …

-offer negotiations to a model schedule approach that sets ambitious objectives - ideally full national treatment for the major backbone …

negotiations, its increased bargaining power and its eventual incentives to follow the US defections. …

Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … legal framework. We first characterize the decisions of the agency in a simple reduced form framework of negotiations and …