Showing 1 - 10 of 166
I revisit the Rubinstein (1982) model for the classic problem of price hag- gling 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/10013191479
This paper presents an analysis of general time preferences in the canonical Rubinstein (1982) model of bargaining …
Persistent link: https://www.econbiz.de/10011705183
Matching markets can be unstable when individuals prefer to be matched to a partner who also wants to be matched with them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal preferences exist, significantly decrease stability in matching...
Persistent link: https://www.econbiz.de/10014476792
Agents with reciprocal preferences prefer to be matched to a partner who also likes to collaborate with them. In this paper, we introduce and formalize reciprocal preferences, apply them to matching markets, and analyze the implications for mechanism design. Formally, the preferences of an agent...
Persistent link: https://www.econbiz.de/10014478421
bargaining models between unions and firms. While the Nash bargaining solution is unaffected by minimum wages below initially … bargained wages, we show that such minimum wages can drive up wages - and be harmful to employment - when bargaining follows the …
Persistent link: https://www.econbiz.de/10008663999
conflict makes national diversity more salient among existing and potential team members. I exploit this natural experiment to …, the world’s largest hosting platform for software projects, I estimate the causal impacts of a political conflict that … burst out between Russia and Ukraine in 2014. I find that the conflict strongly reduced online cooperation between Russian …
Persistent link: https://www.econbiz.de/10012139577
Although the incidence of conflicts between Fulani nomadic pastoralists and sedentary farmers in Nigeria have risen significantly during the last decade, no study has, to the best of my knowledge, examined how these conflicts influence distrust of members of the Fulani ethnic group and the...
Persistent link: https://www.econbiz.de/10013502434
We investigate a random proposer bargaining game with a dead line. A bounded time interval is divided into bargaining … periods of equal length and we study the limit of the subgame perfect equilibrium outcome as the number of bargaining periods …
Persistent link: https://www.econbiz.de/10012503005
We study a Baron-Ferejohn (1989) type of bargaining model to which we append an investment stage. As long as no … accept it. Prior to the bargaining stage, players may make investments to increase their recognition probabili- ties in the … bargaining game. The investment stage is modeled in the standard way, first suggested by Tullock (1980). When investment costs …
Persistent link: https://www.econbiz.de/10012503034
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …
Persistent link: https://www.econbiz.de/10012587476