Showing 1 - 10 of 14
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/10011255513
bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary subgame perfect … the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard optimization …
Persistent link: https://www.econbiz.de/10011256390
There has been a long debate on equilibrium characterization in the negotiation model when players have different time … 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/10011257339
See also 'Extreme equilibria in the negotiation model with different time preferences', <I>Games and Economic Behavior …</I> (2011), Vol. 73, pp.507–516.<P> We study a bargaining model with a disagreement game between offers and counteroffers. In …
Persistent link: https://www.econbiz.de/10011257375
hourly net wage. Our findings are consistent with wage bargaining theory and suggest a bargaining power parameter of about 0 …
Persistent link: https://www.econbiz.de/10011255820
costs. Threats to switch suppliers set maximal fees. These also arise from a negotiation model that extends price …
Persistent link: https://www.econbiz.de/10011255451
extraction. Unanimity bargaining determines the water allocation and monetary transfers. We translate International Water Law … bargaining solution, in the latter case the agents have to compromise in order to agree and we apply the asymmetric Nash …
Persistent link: https://www.econbiz.de/10011256978
We study strategic negotiation models featuring costless delay, general recognition procedures, endogenous voting …
Persistent link: https://www.econbiz.de/10011255692
We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …
Persistent link: https://www.econbiz.de/10011255823
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/10011256599