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Game Modelling the Tokyo Round of Tariff Negotiations

Baldwin, Robert E.; Clarke, Richard N. - 2022

Using actual trade and tariff data for the United States and the European Community, this paper demonstrates how a trade negotiation such as the Tokyo Round, can be modelled as a game among countries attempting to minimize individual welfare loss functions. Once welfare functions are...

Persistent link: https://www.econbiz.de/10013322334

On the Self-Interested Use of Equity in International Climate Negotiations

Lange, Andreas - 2010

facilitate negotiations. Consistent with experimental and behavioral studies on fairness perceptions, we find that individuals …We discuss self-interested uses of equity arguments in international climate negotiations. Using unique data from a … arguments may be perceived as being used for different reasons, for example, out of fairness considerations or in order to …

Persistent link: https://www.econbiz.de/10013152832

How Bargaining in Marriage Drives Marriage Market Equilibrium

Pollak, Robert A. - 2017

This paper investigates marriage market equilibrium under the assumption that Bargaining In Marriage (BIM) determines allocation within marriage. Prospective spouses, when they meet in the marriage market, are assumed to foresee the outcome of BIM and rank prospective spouses on the basis of the...

Persistent link: https://www.econbiz.de/10012944146

Relinquishing Riches : Auctions vs Informal Negotiations in Texas Oil and Gas Leasing

Covert, Thomas R. - 2019

This paper compares outcomes from informally negotiated oil and gas leases to those awarded via centralized auction. We focus on Texas, where legislative decisions in the early twentieth century assigned thousands of proximate parcels to different mineral allocation mechanisms. We show that...

Persistent link: https://www.econbiz.de/10012889483

Durable Coalitions and Communication : Public Versus Private Negotiations

Baron, David P. - 2016

We present a laboratory experiment to study the effect of communication on durable coalitions – coalitions that support the same allocation from one period to the next. We study a bargaining setting where the status quo policy is determined by the policy implemented in the previous period. Our...

Persistent link: https://www.econbiz.de/10012979361

Coasean Bargaining to Address Environmental Externalities

Libecap, Gary D. - 2016

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

Collective Action in an Asymmetric World

Chen, Cuicui - 2016

A central authority possessing tax and expenditure responsibilities can readily provide an efficient level of a public good. Absent a central authority, voluntary arrangements must replace coercive ones. Significant under-provision must be expected. International public goods are particularly...

Persistent link: https://www.econbiz.de/10012992148

Remix Rights and Negotiations Over the Use of Copy-Protected Works

Gans, Joshua - 2014

original content creators to consider the value of remixing and permit it in negotiations. Second, fair use can improve on … providers. Finally, remix rights can significantly avoid the need for any negotiations over use by granting those rights to …

Persistent link: https://www.econbiz.de/10013049377

Pre-Contractual Reliance

Bebchuk, Lucian A.; Ben-Shahar, Omri - 2021

During contractual negotiations, parties often make (reliance) expenditures that would increase the surplus should a … parties' decisions to enter into contractual negotiations …

Persistent link: https://www.econbiz.de/10013220927

Work Rules, Featherbedding, and Pareto-Optimal Union Management Bargaining

Johnson, George E. - 2021

the case of negotiations over work rules and wages than in both the cases of fully efficient bargaining and of bargaining …

Persistent link: https://www.econbiz.de/10013222328