Showing 1 - 10 of 19
negotiation model where the firm can temporarily increase compensation to its employees during wage negotiations. Comparing this … it pays the union during the negotiation of a new wage contract. To understand this regulation, we study a counterfactual …'s temporary wage to upset the union's incentive to strike, decreasing the union's bargaining power, and shrinking the set of …
Persistent link: https://www.econbiz.de/10005702693
for bargaining over the treaty’s terms. This paper makes a first attempt at modeling the conflicting goals in treaty … formation by analyzing a cooperative bargaining model of tax determination. In a simple framework, we develop hypotheses about …. We find that treaty-specified withholding taxes vary in a systematic way that is consistent with our simple bargaining …
Persistent link: https://www.econbiz.de/10005328861
We study the impact on asset prices of illiquidity associated with search and bargaining in an economy in which agents …
Persistent link: https://www.econbiz.de/10005328973
We study the impact on asset prices of illiquidity associated with search and bargaining in an economy in which agents …
Persistent link: https://www.econbiz.de/10005328997
offers bargaining and repeated games. Despite the forces of bargaining, the negotiation game in general admits a large number …This paper considers the "negotiation game" (Busch and Wen, 1995) which combines the features of two-person alternating … equilibria survive. Thus, complexity and bargaining in tandem may offer an explanation for co-operation in repeated games …
Persistent link: https://www.econbiz.de/10005342231
When a seller gives a buyer a right of first refusal, although it reduces the competing buyers' profits and creates an inefficiency, it always increases the joint profit of the seller and the right holder. Right of first refusal with a consideration (e.g., a payment from the right holder to the...
Persistent link: https://www.econbiz.de/10005342352
This paper reverses the standard order between input supply negotiations and downstream competition and assumes that … negotiations involve no private information and no restrictions on the form of pricing, it is found that oligopolistically …
Persistent link: https://www.econbiz.de/10005130157
This paper evaluates performance of human subjects and instances of a bidding model that interact in continuous-time double auction experiments. Asks submitted by instances of the seller model ("automated sellers") maximize the seller's expected surplus relative to a heuristic belief function,...
Persistent link: https://www.econbiz.de/10005063604
Admati and Perry (1987) derive the equilibrium in a bargaining game between a seller and buyer when the buyer … equilibrium for this bargaining game with asymmetric information and outside options. It turns out that giving the seller an …
Persistent link: https://www.econbiz.de/10005063605
We consider a model of bargaining by concessions where agents can terminate negotiations by accepting the settlement of … always depends on how costly that intervention is relative to direct negotiation, the range of scenarios for which it has an … negotiation costs, and each can be the second best optimal for plausible environments. …
Persistent link: https://www.econbiz.de/10005170253