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

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

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 …

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 …

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

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 …

ultimatum bargaining, i.e. to choosing how much the responder should be offered. For this purpose the "Master Module" as well as …