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A q-rule is where a winning coalition has q or more of the n voters. An important issue is to understand when, generically, core points exist; that is, to determine when the core exists in other than highly contrived settings. As known, the answer depends upon the dimension of issue space....
Persistent link: https://www.econbiz.de/10005556932
We consider an alternating offer bargaining model in which the players may agree to call in an arbitrator in case of …
Persistent link: https://www.econbiz.de/10005407526
The resolution of a conflict often has an impact which extends beyond the remits of the parties directly involved in the confrontation (e.g. labour negotiations in sectors of public interest, where a strike would impact on the public at large). Once this is recognised, models addressing...
Persistent link: https://www.econbiz.de/10005407596
This article reports not only theoretical solution of bargaining problem as used by game theoreticians but also an …
Persistent link: https://www.econbiz.de/10005407621
This paper introduces a nonparametric binary classification tree approach to inferring unobserved strategies from the observed actions of economic agents. The strategies are in the form of possibly nested if- then statements. We apply our approach to experimental data from the repeated ultimatum...
Persistent link: https://www.econbiz.de/10005407882
This paper presents the results of an experiment performed to test the properties of an innovative bargaining mechanism … are within a prescribed range. The observed individual behavior, based on 40 rounds of bargaining, is shown to be … adopting aggressive bargaining positions, which implies that the mechanism is not able to promote agreements and generate …
Persistent link: https://www.econbiz.de/10005408220
Experimental studies of bargaining generally impose time preferences' on subjects, in the sense that in case of … to this practice, in this study time preferences are first elicited in a preliminary phase, and then bargaining begins. I … show that although subjects are sensitive to the timing of a monetary reward, this plays no role in determining bargaining …
Persistent link: https://www.econbiz.de/10005408236
section draws on a more traditional source of inspiration for economists. This section outlines an approach to bargaining … theory of spousal bargaining with the theory of marriage markets.(Revised, January 1966) …
Persistent link: https://www.econbiz.de/10005408332
of achievable legislative outcomes, which, in turn, alters the bargaining power of key House members. A corollary …
Persistent link: https://www.econbiz.de/10005408424
This paper analyses and compares potential efficiency gains induced by the introduction of product market competition and cross boarder trade in the piped water market. We argue that due to the specific circumstances in the water sector product market competition, i.e. competition by common...
Persistent link: https://www.econbiz.de/10005412480