Showing 1 - 10 of 40
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 …
Persistent link: https://www.econbiz.de/10005123939
This Paper develops a model of child custody based on an incomplete-contract approach to the allocation of property rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments they make into their children, but can reduce the...
Persistent link: https://www.econbiz.de/10005788987
cooperation. The Paper explores under which conditions a large stable coalition is likely to emerge, and identifies the …
Persistent link: https://www.econbiz.de/10005791385
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 …
Persistent link: https://www.econbiz.de/10005792083
No international regime on climate change is going to be fully effective in controlling GHG emissions without the involvement of countries such as China, India, the United States, Australia, and possibly other developing countries. This highlights an unambiguous weakness of the Kyoto Protocol,...
Persistent link: https://www.econbiz.de/10005114398
and show how the induced game can be used to explain certain features of the wage negotiations for which the conciliation …
Persistent link: https://www.econbiz.de/10005666512
Which is the more profitable way to sell a company: a public auction or an optimally structured negotiation with a …
Persistent link: https://www.econbiz.de/10005666938
and in actual policymaking, is to link negotiations on climate change control with decisions concerning international R …&D cooperation. This Paper explores this idea by analysing on the one hand the incentives for EU, Japan and Russia to adopt this … and on technological innovation. The extended regime in which cooperation takes place on both dimensions (GHG emissions …
Persistent link: https://www.econbiz.de/10005661540
Negotiations frequently end in conflict after one party rejects a final offer. In a large-scale internet experiment we …
Persistent link: https://www.econbiz.de/10005661953
, that are most important in the climate negotiation process. Our analysis confirms the conjecture that, by appropriately … most preferred climate coalitions and therefore adopt conflicting negotiation strategies. …
Persistent link: https://www.econbiz.de/10005661962