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We propose a mechanism for resolving bargaining problems.The mechanism allows two players to make a sequence of simultaneous propositions. At any step, as long as the players have not reached an agreement, they can choose to implement a lottery between the different propositions. In this aspect,...
Persistent link: https://www.econbiz.de/10008794307
This paper presents a model of influence where agents' beliefs are based on an objective reality, such as the properties of an environment. The perception of the objective reality is not direct: all agents know is that the more correct a belief, the more successful the actions that are deduced...
Persistent link: https://www.econbiz.de/10010549152
We run a series of experiments to compare the well known arbitration scheme FOA (Final Offer Arbitration) with a new arbitration scheme, non compulsory, we proposed in a companion paper (Tanimura and Thoron (2008)): ROC (Recursive Offer Conciliation). The two mechanisms are also compared with a...
Persistent link: https://www.econbiz.de/10008924979
The objective of this paper is to give the prospective outcome or "prospect" of a negotiation when the players' value can only be realized if a certain threshold is reached. Thresholds can be of different forms such as a certain number of players, a certain coalition of players or a certain...
Persistent link: https://www.econbiz.de/10008793430
The procedure for implementing any international treaty necessarily involves two steps. The negotiation phase which culminates in the signature of the treaty is followed by a ratification phase. This last phase is governed by a rule which determines how far the ratification process has to...
Persistent link: https://www.econbiz.de/10008794039
We investigate whether "binding agreements" can provide a solution to the social dilemma that arises in the presence of pure public goods. By signing a binding agreement, players can prevent free riding by the contributors to a public good. However, a well known theoretical result is that the...
Persistent link: https://www.econbiz.de/10008794746