Showing 51 - 60 of 7,640
this question, we offer a framework that compares auctions with negotiations. We then examine a comprehensive data set of …
Persistent link: https://www.econbiz.de/10013214580
A general model of arbitrator behavior in conventional and final-offer arbitration is developed that is based on an underlying notion of an appropriate award in a particular case. This appropriate award is defined as a function of the facts of the case independently of the offers of the parties....
Persistent link: https://www.econbiz.de/10013218127
Thinking about tipping provides a novel perspective on finding a way forward in climate negotiations and suggests an … argue that international climate negotiations may form such a game and so have a tipping set. This set is a small group of …
Persistent link: https://www.econbiz.de/10013127015
We develop a dynamic bargaining model in which a leading country endogenously decides whether to sequentially negotiate free trade agreements with subsets of countries or engage in simultaneous multilateral bargaining with all countries at once. We show how the structure of coalition...
Persistent link: https://www.econbiz.de/10013324024
conditions under which negotiations over intellectual property often occur. In contrast, market safety is only salient in the …
Persistent link: https://www.econbiz.de/10013034641
Solution or the Lindahl Equilibrium to proceed to the Pareto frontier. We apply our theory to climate change mitigation, a …
Persistent link: https://www.econbiz.de/10012992148
It is difficult to resolve the global warming free-rider externality problem by negotiating many different quantity targets. By contrast, negotiating a single internationally-binding minimum carbon price (the proceeds from which are domestically retained) counters self-interest by incentivizing...
Persistent link: https://www.econbiz.de/10012993242
I examine Ronald Coase's criticism of standard regulatory and tax policies to address environmental externalities. I elaborate some of Coase's key points and discuss opportunities for Coasean exchange as an alternative mitigation approach. Regulation, tax, and Coasean exchange, such as through...
Persistent link: https://www.econbiz.de/10013000533
How should economists interpret current trade wars and the recent U.S. trade actions that have initiated them? In this paper we offer an interpretation of current U.S. trade actions that is at once more charitable and less forgiving than that typically offered by economic commentators. More...
Persistent link: https://www.econbiz.de/10012871809
In a large variety of multilevel political systems changes imposed by a higher authority alter the equilibrium panoply of lower- level policies. The new equilibrium depends on the type of change imposed and on the relative strengths of and differences among interested parties at the lower level....
Persistent link: https://www.econbiz.de/10012777658