Showing 1 - 10 of 225
We report experimental findings on the role of charitable promises in bargaining settings. We vary the enforceability … a charitable donation. By reneging on initial pledges, dishonest proposers can turn the bargaining power to their …
Persistent link: https://www.econbiz.de/10013223664
the new product using the normatively appealing Nash bargaining solution (see Nash, 1950). In our model the disagreement … payoffs endogenously depend on the contest outcome. More precisely, a bargaining advantage is given to the leading worker in …
Persistent link: https://www.econbiz.de/10012841137
We frame sustainability problems as bargaining problems among stakeholders who have to agree on a common development … bargaining theory and mechanisms. We define a framework accounting for the economic environment, which specifies how the set of …
Persistent link: https://www.econbiz.de/10012892119
We study experimentally the impact of pre-play social interactions on negotiations. These interactions are often …
Persistent link: https://www.econbiz.de/10012892146
We consider a public-private partnership in an infrastructure project, which requires specialised expertise during the construction stage for the infrastructure to operationalise. This entails that, after an investment is made to begin building the infrastructure, its construction is completed...
Persistent link: https://www.econbiz.de/10012860529
We argue that social and political risk causes significant aggregate fluctuations by changing workers’ bargaining power … growth economy. We model distribution shocks as exogenous changes in workers’ bargaining power in a labor market with search … of workers’ bargaining power. We show how the estimated shocks agree with the historical narrative evidence. We document …
Persistent link: https://www.econbiz.de/10013235101
We generalize the Rubinstein (1982) bargaining model by disentangling payoff delay from bargaining delay. We show that … respect to time discounting. All bargaining takes place within a single experimental session, so bargaining delay is …
Persistent link: https://www.econbiz.de/10013314964
I revisit the Rubinstein (1982) model for the classic problem of price haggling and show that bargaining can become a … of fixed bargaining costs). Augmenting the protocol with unilateral exit options for responding bargainers generally …
Persistent link: https://www.econbiz.de/10014077332
We study strategic interaction in an experimental social-preferences vacuum chamber. We mute social preferences by letting participants knowingly interact with computers. Our new design allows for indirect strategic interaction: there are several waves in which computer players inherit the...
Persistent link: https://www.econbiz.de/10013213777
Real-world negotiations differ fundamentally from existing bargaining theory. Inspired by the Paris Agreement on … climate change, this paper develops a novel bargaining game in which each party quantities its own contribution (to a public …, each equilibrium pledge coincides with an asymmetric Nash bargaining solution. The weights placed on others. payouts …
Persistent link: https://www.econbiz.de/10012892276