Showing 1 - 10 of 88
This paper studies bargaining and exchange in a networked market with intermediation. Possibilities to trade are … different feasible routes. Using a stochastic model of bargaining, I characterize stationary equilibrium payoffs as the fixed … efficient. The inefficiency arises from a hold-up threat and the inability of bargaining parties credibly to commit to a split …
Persistent link: https://www.econbiz.de/10010555589
The objective of this paper is to investigate the usefulness of non-cooperative bargaining theory for the analysis of … multilateral, multiple issues, non-cooperative bargaining model of water allocation in the Piave River Basin, in the North East of … problem and conduct comparative static analyses to assess sources of bargaining power. Finally, we explore the implications of …
Persistent link: https://www.econbiz.de/10005423099
Bargaining is ubiquitous in real-life. It is a major dimension of political and business activities. It appears at the … international negotiations. By reviewing non-cooperative bargaining theory, non-cooperative coalition theory, and the theory of fair …
Persistent link: https://www.econbiz.de/10005423215
The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is … on some dimensions of the bargaining process – asymmetries and uncertainties in particular – by using a non … most economic situations, uncertainty crucially affects also bargaining processes. Therefore, in our analysis, we introduce …
Persistent link: https://www.econbiz.de/10005423226
We consider a situation where groups negotiate over the allocation of a surplus (which is used to fund group specific goods). Each group is composed of agents who have differing valuations for public goods. Members choose a representative to take decisions on their behalf. Specifically,...
Persistent link: https://www.econbiz.de/10008674333
the overlapping case. We propose a cover function bargaining game which allows the formation of overlapping coalitions at …
Persistent link: https://www.econbiz.de/10008674336
single link towards a weak agent. Once agents do not know the impatience of the other agents, each bilateral bargaining …
Persistent link: https://www.econbiz.de/10010904918
new power configuration which takes into account bargaining among players in coalitions. We show that under very weak … conditions on a bargaining solution there is a power configuration which is stable with respect to renegotiations. We further … different bargaining solutions on apex games and show under which conditions there are core stable coalitions. Finally, we …
Persistent link: https://www.econbiz.de/10010833942
variations of the transfer/bargaining aspect of link formation. One aspect is whether players can only make and receive transfers …
Persistent link: https://www.econbiz.de/10005392531
The paper analyzes the welfare properties of voluntary agreements (VA) with polluters, when they are obtained under the legislative threat of an alternative stricter policy option. In the model, the threat is an abatement quota. Both the threat and its probability of implementation are...
Persistent link: https://www.econbiz.de/10005570358