's favour during the day. These presumptions are then shown to be confirmed by our data set. -- Bargaining ; Markets … distribution of the buyer's reservation price. We show that periods with no buyer refusals, of offers or bargaining with no …

endowment effect improves one's bargaining position in bilateral trades. We show that for a general class of evolutionary …

If one abstracts from specially organized markets like stock or commodity exchanges, (international) trade relies on … bargaining between the interested parties. Whereas earlier the results of bargaining were seen as unpredictable or determined by … an at most vaguely defined concept of (relative) bargaining power, it is simply a field of application in view of game …

Rational bargaining behavior depends crucially on the rules of bargaining, especially on whether parties decide … sequentially or independently. Whereas in ultimatum bargaining the proposer can exploit the responder, independent commitments … result in more balanced payoffs. To limit the scope of possible bargaining results we try to rule out certain bargaining …

joint venture to bargain collectively. Our theoretical benchmark solution predicts decentralized bargaining, as only one … player has an interest in forming a joint venture. However, we observe a significant amount of collective bargaining …. Collective bargaining, when compared with decentralized bargaining, has no significant effect on the payoffs of the players in …

Starting point of our (indirect) evolutionary analysis is the sequential bargaining model of Manning (1987) who … bargaining situations we can say which of the two (two-dimensional) power constellations is better and thereby derive the power …

accomplishing this split. -- ultimatum game ; wage flexibility ; wage ratchet effect ; wage bargaining ; labour market ; fair wages …

importance of auctionlike trading rules in financial markets. …