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Regardless of the reasons leading to its formation, it is widely accepted that geographical concentration of economic activity triggers increases in productivity. However, there are almost no studies that analyze the relationship between geographical concentration and economic growth. Moreover,...
Persistent link: https://www.econbiz.de/10005118971
Mississippi constitutes an interesting case study for analyzing the income convergence process because of several characteristics, such as the fairly large number of counties, its relative homogeneous economy and its low percapita income compared with the rest of the U.S. This study analyzes the...
Persistent link: https://www.econbiz.de/10005119018
the context of a reputational model of bargaining, we show that evolutionary stability necessitates the presence of …
Persistent link: https://www.econbiz.de/10005550888
This article proposes a method for considering the bargaining agenda as an endogenous phenomenon in gradual bargaining … games, understood as being path-dependent processes. Some short, medium and long-term results for bargaining are presented …
Persistent link: https://www.econbiz.de/10005550892
-inconsistent players in a sequential bargaining model. We first consider 'naive' agents who never learn about their types and show that … bargaining between such a player and a standard exponential agent ends in immediate agreement. The more naive a player, the … explanation for delays in bargaining. …
Persistent link: https://www.econbiz.de/10005550915
bargaining power. The result is due to current exceptions in the WTO to the most-favorite-nation rule which allow for lower than …
Persistent link: https://www.econbiz.de/10005556407
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
, the impact of ex post incentives on informal contracts between principals and agents in bargaining environments in which …
Persistent link: https://www.econbiz.de/10005556679
(theoretically) that adding search to a simple bargaining mechanism eliminates some unsatisfactory features of bargaining theory. Our …
Persistent link: https://www.econbiz.de/10005556687
The equalization of profit rates across a multisector production economy subject to Nash bargaining over wages supports …
Persistent link: https://www.econbiz.de/10005556728