We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a …. However, and more surprisingly, for a wide range of parameter values this outcome is better for the stakeholder than if he … enters bargaining directly. Our results lend support to the tendency towards decentralisation of pay bargaining in the public …

We study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a … potential willingness of the stakeholder to make contributions to promote agreement may be the source of severe inefficiency …. However, and more surprisingly, for a wide range of parameter values this outcome is better for the stakeholder than if he …

to compare the outcome of collective bargaining under two different bargaining structures- one in which a single wage is … bargained at the industry-level and one in which the wages are bargained at the firm-level. The bargaining process is described … by Rubinstein’s alternating-offer bargaining model with two-sided incomplete information about the bargainers’ discount …

bargaining model. A (marginal) increase of a transaction tax can lead to more information production and lower the probability of …

solution is described by a simple ordinary differential equation. Our analysis combines insights from bargaining, auctions, and …

. In the spirit of the Nash Bargaining Solution, our concept is founded on the predicted outcomes of simultaneous, two …-solution exists and is unique. It belongs to the bargaining set and to the core whenever the latter is not empty. In fact, when the … selection of the bargaining set. Finally, we discuss how theR-solution changes important conclusions of several well known …

effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to … strategically equivalent bargaining situations in which no ex ante contract was written. The ex ante contract causes sellers to ask … for markups that are 45 percent lower than in strategically equivalent bargaining situations without an initial contract …

I study intermediation in networked markets using a stochastic model of multilateral bargaining in which traders …

We consider a non-cooperative sequential bargaining game with incomplete information where two players negotiate for … the bargaining game where the ex post Nash bargaining solution with no delay is asymptotically implemented with … probability one. Further, the ex post Nash bargaining solution is a unique outcome of a stationary equilibrium under the property …