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Explicit and Latent Authority in Hierarchical Organizations

Brink, René van den; Gilles, Robert P. - Tinbergen Institute - 2003

In this paper we consider the problem of the control of access to a firm's productive asset, embedding the relevant decision makers into a general structure of formal authority relations. Within such an authority structure, each decision maker acts as a principal to some decision makers, while...

Persistent link: https://www.econbiz.de/10005144514

Cooperative Games in Graph Structure

Herings, P. Jean-Jacques; Laan, Gerard van der; Talman, Dolf - Tinbergen Institute - 2000

In this paper we generalize the concept of coalitional games by allowing for any organizational structure within coalitions represented by a graph on the set of players ot the coalition. A, possibly empty, set of payoff vectors is assigned to any graph on every subset of players. Such a game...

Persistent link: https://www.econbiz.de/10005281869

Alternating Offers in Economic Environments

Houba, Harold - Tinbergen Institute

The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary … vanishes, convergence to the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard …

Persistent link: https://www.econbiz.de/10005209433

Stochastic Orders of Proposing Players in Bargaining

Houba, Harold - Tinbergen Institute

The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is … the Nash bargaining solution of a modified bargaining problem and the Maximum Theorem implies convergence to the Nash … bargaining solution when time between proposals vanishes. The model unifies alternating offers, one-sided offers and random …

Persistent link: https://www.econbiz.de/10005209487

Perfect Equilibria in a Negotiation Model with Different Time Preferences

Houba, Harold; Wen, Quan - Tinbergen Institute - 2006

bargaining frontier. However, when players have different time preferences, intertemporal trade may lead to continuation payoffs … above the bargaining frontier. We provide a thorough study of this problem without imposing the conventional assumption. Our …

Persistent link: https://www.econbiz.de/10005144464

Incomplete Contract and Divisional Structures

Bao, Te; Wang, Yongqin - Tinbergen Institute - 2009

In this paper we want to analyze the internal divisional structure within an organi-

Persistent link: https://www.econbiz.de/10004987449

On the Strategic Use of Focal Points in Bargaining Situations

Janssen, Maarten C.W. - Tinbergen Institute - 2006

This paper argues that the notion of focal points is important in understanding bargaining processes. Recent literature … confines a discussion of the usefulness of the notion to coordination problems and when bargaining experiments result in … equal split division and it re-interprets recent experimental evidence in bargaining games. Experimental economists should …

Persistent link: https://www.econbiz.de/10005137014

Extreme Equilibria in a General Negotiation Model

Houba, Harold; Wen, Quan - Tinbergen Institute - 2007

We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …

Persistent link: https://www.econbiz.de/10005137155

Reciprocity and Emotions: Arousal, Self-Reports, and Expectations

Ben-Shakhar, Gershon; Bornstein, Gary; Hopfensitz, Astrid; … - Tinbergen Institute - 2004

Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the Power-to-Take Game. In this 2-person game, player 1 can...

Persistent link: https://www.econbiz.de/10005504959

The Condorcet Paradox Revisited

Herings, P. Jean-Jacques; Houba, Harold - Tinbergen Institute - 2010

We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …

Persistent link: https://www.econbiz.de/10008838569