Showing 1 - 10 of 195
Market completeness has important implications for household behavior. I firmly reject complete markets for …
Persistent link: https://www.econbiz.de/10012322481
We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …
Persistent link: https://www.econbiz.de/10010262598
In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that...
Persistent link: https://www.econbiz.de/10010262808
We develop a model of the household in which spousal incomes are determined by pre-marital investments, the marriage market is characterized by assortative matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital investments...
Persistent link: https://www.econbiz.de/10010267526
We investigate experimentally how the menstrual cycle affects bargaining behavior and bargaining outcomes of women …. Female participants negotiate in an unstructured bilateral bargaining game with asymmetric information about the allocation … of a surplus ('pie size'). We find that the menstrual cycle affects bargaining behavior and that the effects depend on …
Persistent link: https://www.econbiz.de/10014534022
In his classic article An Essay on Bargaining Schelling (1956) argues that ignorance might actually be strength rather … than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10010282588
We develop a model of the household in which spousal incomes are determined by premarital investments, the marriage market is characterized by assortative matching, and endogenously-determined sharing rules form the basis of intra-household allocations. By incorporating pre-marital investments...
Persistent link: https://www.econbiz.de/10005703128
In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that...
Persistent link: https://www.econbiz.de/10005703338
We model the bargaining process of parents over custody at the time of divorce. First we assume an institutional …
Persistent link: https://www.econbiz.de/10005763662
We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …
Persistent link: https://www.econbiz.de/10005566476