Showing 1 - 10 of 283
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …
Persistent link: https://www.econbiz.de/10013074889
Two-tier bargaining structures, in which plant-level wage negotiations supplement industry-level wage setting, are … of firms to collective bargaining, and do not seem to improve either microeconomic and macroeconomic adjustment to shocks …
Persistent link: https://www.econbiz.de/10013049733
We study experimentally the effect of bargaining power in two sequential mechanisms that offer the possibility to trade … at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … effects of bargaining power on aggregate outcomes. There is, however, substantial heterogeneity within sellers. Sellers who …
Persistent link: https://www.econbiz.de/10013009500
negotiations take place. We show that, in the absence of any distortion, sector-level bargaining ought to be less efficient than … bargaining taking place at the other levels. It follows that the introduction of labor market policies as a combination of … level at which bargaining takes place and the labor market performance is far more conditional than most studies acknowledge …
Persistent link: https://www.econbiz.de/10012779104
bargaining with claims environment. We measure people's judgments on the normative attractiveness of solution concepts with the … help of a survey and also observe actual agreements in a bargaining experiment with real money at stake. We find that the …
Persistent link: https://www.econbiz.de/10013319305
International climate negotiations have been troubled by mutual mistrust. At the same time, a hope seems to prevail …
Persistent link: https://www.econbiz.de/10013026868
probability of war in an incomplete information game. This result is strongly consistent with existing empirical analyses of the …
Persistent link: https://www.econbiz.de/10013324734
Case studies of cartels and recent theory suggest that repeated communication is key for stable cooperation in environments where signals about others' actions are noisy. However, empirically the exact role of communication is not well understood. We study cooperation under different monitoring...
Persistent link: https://www.econbiz.de/10012908872
child labor and compulsory schooling generally affects both the threat point and the feasible set of bargaining outcomes …
Persistent link: https://www.econbiz.de/10013141231
, norms that appear abstract and universal take into account the bargaining power of the two sides. The strong side bends the … principles to actions is mainly the fact of individuals who behave more selfishly and who have a stronger bargaining power. The …
Persistent link: https://www.econbiz.de/10013104971