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offers bargaining and repeated games. Generally, the negotiation game in general admits a large number of equilibriums but … some of which involve delay and inefficiency. Thus, complexity and bargaining in tandem may offer an explanation for …
Persistent link: https://www.econbiz.de/10011258583
The objective of this paper is to investigate the bargaining over debt rescheduling between a sovereign borrower and a … bargaining power of the creditor and the debtor can be analyzed in the situation of debt overhang. The concept of Nash bargaining … indispensible in the process of bargaining over debt rescheduling. However, the actual size of the forgiveness varies with the …
Persistent link: https://www.econbiz.de/10011259306
The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power …
Persistent link: https://www.econbiz.de/10005260247
Different structures of lignite mines and power stations, which have appeared on the Polish market as a result of its transformation and the privatisation, were discussed. The attention is focused on the fact that the practice is overtaking the theory because there is lack of models of...
Persistent link: https://www.econbiz.de/10005836050
For methods of the profit division in the bilateral monopoly of the mine and the power station sug-gested in the first part of this paper the formulae for lignite price and shares in the joint profit of the mine and the power station are calculated. The proposed profit division contain: the...
Persistent link: https://www.econbiz.de/10005836131
I analyze a bilateral bargaining model with one-sided uncertainty about time preferences. The uninformed player has the … option of halting the bargaining process to obtain additional information, when it is his turn to offer. For a wide class of …
Persistent link: https://www.econbiz.de/10005836458
presented using a symmetric bargaining norm. Necessary conditions for settlement to arise are the destructibility of war, and …
Persistent link: https://www.econbiz.de/10005836940
matching with bargaining framework of Crawford and Rochford (1986). We run simulations to find the effects of alimony rate …
Persistent link: https://www.econbiz.de/10005836944
Is vertical integration of mines and power plants profitable and for whom? Based on outcomes from the research of bilateral relation between lignite mines and power plant author describes several benefits from vertical integration including strategic benefits described by Porter and benefits...
Persistent link: https://www.econbiz.de/10005837144
This paper introduces a model of sweet talk in which a seller may acquire verifiable information and selectively disclose it to a buyer to negotiate a deal. We start by analyzing a model with common priors in which the seller generates information for two reasons: a trading motive and a profit...
Persistent link: https://www.econbiz.de/10008472248