Showing 1 - 10 of 602
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/10010264274
show that a profit tax and a transaction tax have opposite implications for equilibrium outcome in bargaining. A marginal …
Persistent link: https://www.econbiz.de/10010480851
This paper uses a new data set on domestic child adoption to document the preferences of potential adoptive parents over born and unborn babies relinquished for adoption by their birth mothers. We show that adoptive parents exhibit significant biases in favor of girls and against...
Persistent link: https://www.econbiz.de/10010266105
This paper considers a random search model where some locations provide sellers with better chances of meeting many … buyers than other locations (for example popular shopping streets or the first page of a search engine). When sellers are …
Persistent link: https://www.econbiz.de/10014534460
We modify the Acquiring-a-Company game to study lying in ultimatum bargaining. Privately informed sellers send messages …
Persistent link: https://www.econbiz.de/10014377381
In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...
Persistent link: https://www.econbiz.de/10011522416
In many markets, sellers advertise their good with an asking price. This is a price at which the seller will take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the seller...
Persistent link: https://www.econbiz.de/10011522445
We consider a labor market with search frictions in which workers make multiple applications and firms can post and …
Persistent link: https://www.econbiz.de/10012141006
We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with …
Persistent link: https://www.econbiz.de/10012599245
The literature offers two foundations for competitive search equilibrium, a Nash approach and a market-maker approach …. However, when each buyer visits multiple sellers, this equivalence can break down. Our paper analyzes competitive search … equilibrium with simultaneous search using the two approaches. We consider four cases defined by (i) the surplus structure (are …
Persistent link: https://www.econbiz.de/10012599254