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Our study concerns bargaining behavior in situations where one party is in a stronger position than the other. We …
Persistent link: https://www.econbiz.de/10005556668
(theoretically) that adding search to a simple bargaining mechanism eliminates some unsatisfactory features of bargaining theory. Our …
Persistent link: https://www.econbiz.de/10005556687
This paper shows that altruism may be beneficial in bargaining when there is competition for bargaining partners. In a …
Persistent link: https://www.econbiz.de/10005124853
lack structural information, which contrasts with common notions of fairness or "manners" in ultimatum bargaining (Camerer …
Persistent link: https://www.econbiz.de/10005125583
We examine a simple bargaining setting, where heterogeneous buyers and sellers are repeatedly matched with each other …
Persistent link: https://www.econbiz.de/10005062338
We study a simple bargaining mechanism in which each player puts a prize to his resources before leaving the game. The …
Persistent link: https://www.econbiz.de/10005124854
bargaining is the unique solution satisfying efficiency, symmetry, affine transformation invariance and monotonicity in pure … bargaining games with basis utility. Characterization of the Nash (1950) bargaining solution requires the assumption of the … proportional bargaining based on Gul (1988). Further noncooperative application is demonstrated by showing that quantal response …
Persistent link: https://www.econbiz.de/10005407599
We examine a new class of games, which we call social games, where players not only choose strategies but also choose with whom they play. A group of players who are dissatisfied with the play of their current partners can join together and play a new equilibrium. This imposes new refinements on...
Persistent link: https://www.econbiz.de/10005062336
In this paper we characterize the set of rules satisfying additivity on the estate along with additivity on the estate and the claims in bankruptcy problems and other related problems. Moreover, new characterizations of the well known rules based on the principles of "equal award", "equal loss",...
Persistent link: https://www.econbiz.de/10005062337
We introduce a new value for NTU games with coalition structure. This value coincides with the consistent value for trivial coalition structures, and with the Owen value for TU games with coalition structure. Furthermore, we present two characterizations: the first one using a consistency...
Persistent link: https://www.econbiz.de/10005062354