Showing 1 - 10 of 159
Most of the economic literature on bargaining has focused on situations where the set of possible outcomes is taken as … before they bargain over which of them is selected. Our objective is to understand how different bargaining institutions … affect the incentives to disclose possible solutions to the bargaining problem, where inefficiency may arise when both …
Persistent link: https://www.econbiz.de/10008854532
power. When parties are risk-averse, a self-enforcing peace agreement may not be feasible. The bargaining power of the …
Persistent link: https://www.econbiz.de/10005114441
I estimate a search-and-bargaining model of a decentralized market to quantify the effects of trading frictions on …
Persistent link: https://www.econbiz.de/10011262889
Sports organizations, Hollywood studios and TV channels grant satellite and cable networks exclusive rights to televise their matches, movies and media contents. Exclusive distribution prevents viewers from watching attractive programs, and reduces the TV-distributors incentives to compete in...
Persistent link: https://www.econbiz.de/10005789055
This paper provides strategic foundations for the insight that the bargaining power of employees depends on the firm … bargaining (i.e. the negotiators’ fall-back positions and outside options); they affect the nature of the bargaining process …
Persistent link: https://www.econbiz.de/10005791480
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/10005791640
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/10005791729
A buyer seeks to procure a good characterized by its price and its quality from suppliers who have private information about their cost structure (fixed cost + marginal cost of providing quality). We solve for the optimal buying mechanism, i.e. the procedure that maximizes the buyer’s expected...
Persistent link: https://www.econbiz.de/10005123964
We study bargaining at the end of high-stakes poker tournaments, in which participants often negotiate a division of … the prize money rather than bear the risk of playing the game until the end. This setting is ideal for studying bargaining …
Persistent link: https://www.econbiz.de/10005136675
the seller’s relative bargaining power and bargaining share. This in turn fosters the seller’s incentives to invest even …
Persistent link: https://www.econbiz.de/10005497871