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experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game … and bargaining games from three seminal social preference experiments. …
Persistent link: https://www.econbiz.de/10011762571
criteria change the fiscal bargaining situation on the national level? For this purpose, a bargaining game between a national …
Persistent link: https://www.econbiz.de/10013428121
Agents are farsighted when they consider the ultimate consequences of their actions. We re-examine the classical questions of implementation theory under complete information in a setting with transfers, where farsighted coalitions are considered fundamental behavioral units, and the equilibrium...
Persistent link: https://www.econbiz.de/10012503093
We provide an explanation for why committees may behave over-cautiously. A committee of experts makes a decision on a proposed innovation on behalf of 'society'. Each expert's signal about the innovation's quality is generated by the available evidence and the best practices of the experts'...
Persistent link: https://www.econbiz.de/10010195361
Existing theoretical and experimental studies have established that unanimity is a poor decision rule for promoting information aggregation. Despite this, unanimity is frequently used in committees making decisions on behalf of society. This paper shows that when committee members are exposed to...
Persistent link: https://www.econbiz.de/10011696383
Klassischerweise üben Vertreter der Wirtschaft sich jenseits der unmittelbaren Betroffenheit weitgehend parteipolitischer Enthaltsamkeit. Da sich in der Bundesrepublik mit der Alternative für Deutschland (AfD) eine von ihrer wirtschaftspolitischen Programmatik her liberal-rechtspopulistische...
Persistent link: https://www.econbiz.de/10014476686
Ostdeutschen AfD-Landesverbände sind radikaler aufgestellt als ihre westdeutschen Pendants und ihre politische Durchschlagskraft könnte sich bei den Landtagswahlen in Sachsen, Thüringen und Brandenburg im September noch vergrößern. Trotz der mittlerweile vielfachen Warnungen vor nicht...
Persistent link: https://www.econbiz.de/10015048250
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 presents an analysis of general time preferences in the canonical Rubinstein (1982) model of bargaining …
Persistent link: https://www.econbiz.de/10011705183