Showing 1 - 10 of 490
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
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
, which could be alcoholic or nonalcoholic. To do this, our subjects take part in a standardized negotiation (complex and …
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
, perceived and actual ability, personality, perceived discrimination, and negotiation styles. Our findings indicate that sorting … and negotiation styles affect the gender gap in wage expectations much more than prospective child-related labor force … interruptions. Given the importance of wage expectations for labor market decisions, household bargaining, and wage setting, our …
Persistent link: https://www.econbiz.de/10012861444
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 Conference of the Parties (COP) has proven a valuable outlet to advance the climate agenda. The combination of high media coverage, extremely high expectations set by influential environmentalists, and unanimity rules has, however, started to limit its effectiveness. Technical issues can...
Persistent link: https://www.econbiz.de/10013314894
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
We consider infinite-horizon bargaining in which an uninformed seller sequentially makes a price offer to a privately … informed buyer who decides whether to accept or reject it in every bargaining round. Existing theories suggest that the …
Persistent link: https://www.econbiz.de/10014077327