private. We implement different semi-structured bargaining protocols based on deferred acceptance, and we compare their … performance to the benchmark scenario of a sealed-bid auction. We show that bargaining dramatically improves efficiency, mainly to … the benefit of players rather than the silent auctioneer. A protocol of unconstrained simultaneous bargaining performs …

information is symmetrically distributed and the scoring bias is set to offset the initial asymmetry between players … signals and (ii) endogenous information structure. We show that information favoritism can play a useful role in addressing …

receiver can rationally prefer to obtain information from a poorly-informed sender with aligned preferences, rather than a …

This study quantifies the efficiency of a real-world bargaining game with two-sided incomplete information. Myerson and …, but little is known about how well real-world bargaining performs relative to the frontier. The setting is wholesale used …-auto auctions, an $80 billion industry where buyers and sellers participate in alternating-offer bargaining when the auction price …

distributions governing bidder demand and information. An active literature has developed aiming to estimate these primitives by …