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union. Applying the (asymmetric) Nash bargaining solution, we find that under reasonable conditions, it is beneficial for at … tariff unions. -- Trade-union formation ; wage-employment bargains ; Nash bargaining solution ; industry and professional …
Persistent link: https://www.econbiz.de/10003763197
Recent international climate negotiations suggest that complete agreements are unlikely to materialize. Instead, partial cooperation between like-minded countries appears a more likely outcome. In this paper we analyze the effects of such partial cooperation between like-minded countries. In...
Persistent link: https://www.econbiz.de/10009570868
Although many real bargaining situations involve more than two people, much of the theoretical and experimental …, that the impact of the patient member can be quite small. -- bargaining experiment ; heterogeneous group members …
Persistent link: https://www.econbiz.de/10009721994
implications for price discrimination, labor markets, and dynamic pricing. …
Persistent link: https://www.econbiz.de/10011482926
makers , understanding of the final stage of the procedure bargaining in the Conciliation Committee is crucial. Here, EP and … bargaining theory to predict inter-institutional agreements in the Conciliation Committee, it turns out that although …
Persistent link: https://www.econbiz.de/10011509443
This paper analyzes the effects of taxation on information acquisition and bilateral trade in decentralized markets. We … show that a profit tax and a transaction tax have opposite implications for equilibrium outcome in bargaining. A marginal … information and increases the probability of trade. In markets where there are gains from trade and private information …
Persistent link: https://www.econbiz.de/10010471910
effects that shape opening offers, bargaining duration, concessions and reached (dis-)agreements. We argue that entitlements …
Persistent link: https://www.econbiz.de/10011409699
Two players with preferences distorted by the focusing effect (Koszegi and Szeidl, 2013) negotiate an agreement over several issues and one transfer. We show that, as long as their preferences are differentially distorted, an issue will be inefficiently left out of the agreement or inefficiently...
Persistent link: https://www.econbiz.de/10012619453
We analyse the two-dimensional Nash bargaining solution (NBS) deploying a standard labour market negotiations model … (McDonald and Solow, 1981). We show that the two-dimensional bargaining problem can be decomposed into two one … implications for actual negotiations, as it allows for the decomposition of a multi-dimensional bargaining problem into simpler …
Persistent link: https://www.econbiz.de/10012244506
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/10012312122