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We examine an Outside Option Game in which player I submits a claim for a share of a cake while player II simultaneously either makes a claim or chooses to opt out. If player II opts out, then she receives an opt-out payment while player I receives nothing. If player II opts in and if the claims...
Persistent link: https://www.econbiz.de/10010291005
We examine an Outside Option Game in which player I submits a claim for a share of a cake while player II simultaneously either makes a claim or chooses to opt out. If player II opts out, then she receives an opt-out payment while player I receives nothing. If player II opts in and if the claims...
Persistent link: https://www.econbiz.de/10004968320
This volume brings together all of Ken Binmore's influential experimental papers on bargaining along with newly written … players very well in favorable laboratory settings. The case of human bargaining behavior is particularly challenging for game … theory. Everyone agrees that human behavior in real-life bargaining situations is governed at least partly by considerations …
Persistent link: https://www.econbiz.de/10004973065
We examine an Outside Option Game in which player I submits a claim for a share of a cake while player II simultaneously either makes a claim or chooses to opt out. If player II opts out, then she receives an opt-out payment while player I receives nothing. If player II opts in and if the claims...
Persistent link: https://www.econbiz.de/10005704204
dismissed because of their obligation to interconnect with other networks. This conclusion is erroneous. We analyse bargaining …
Persistent link: https://www.econbiz.de/10005616594
, infinite- horizon bargaining game. The MESS concept modifies the idea of an neutrally stable strategy by favoring a simple …
Persistent link: https://www.econbiz.de/10005636443
-offers, infinite-horizon bargaining game. The mess concept modifies the idea of a neutrally stable strategy by favoring a simple …
Persistent link: https://www.econbiz.de/10005636458
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