We generalize the Rubinstein (1982) bargaining model by disentangling payoff delay from bargaining delay. We show that …. Using a novel experimental design to control for various confounds, we then test comparative statics predictions with … respect to time discounting. All bargaining takes place within a single experimental session, so bargaining delay is …

We provide causal evidence that patience is a significant source of bargaining power. Generalizing the Rubinstein (1982 …) bargaining model to arbitrarily non-stationary discounting, we first show that dynamic consistency across bargaining rounds is … bargaining delay is negligible (frequent offers, so dynamic consistency holds by design), while payoff delay is significant (a …

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. …

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. …

in prisoners' dilemmas, public goods games, and common pool resource games. Participants in these experiments have the …

inefficient outcomes, e.g. markets for financial or health care services. In a deception game we investigate experimentally which …