search and bargaining. We compute explicitly the prices at which investors trade with each other as well as marketmakers' bid …

This paper develops and estimates a search and bargaining model designed to measure the welfare loss associated with … matching, and the remainder with the search cost …

We study an over-the-counter (OTC) market with bilateral meetings and bargaining where the usefulness of assets, as …

We study a search and bargaining model of an asset market, where investors' heterogeneous valuations for the asset are …

conditions, raise social surplus by increasing the volume of beneficial trade, facilitating more efficient matching between …

We analyze data on tens of thousands of alternating-offer, business-to-business negotiations in the wholesale used … mediating the negotiations. We find that who intermediates the negotiation matters: high-performing mediators are 22.03% more … likely to close a deal than low performers. Effective mediators improve bargaining outcomes by helping buyers and sellers …

the case of negotiations over work rules and wages than in both the cases of fully efficient bargaining and of bargaining …The recent literature on the economic behavior of unions is dominated by a controversy over whether or not bargaining … "should" involve both these variables rather than only wages. In fact, explicit bargaining over employment levels is virtually …

Bargaining breakdown--whether as delay, conflict, or missing trade--plagues bargaining in environments with incomplete … information. Can a bargaining environment that facilitates or restricts communication alleviate these costs? We exploit a unique …, using text analysis, that the dynamics are consistent with repeat players learning how to use communication in bargaining …