joint venture to bargain collectively. Our theoretical benchmark solution predicts decentralized bargaining, as only one … player has an interest in forming a joint venture. However, we observe a significant amount of collective bargaining …. Collective bargaining, when compared with decentralized bargaining, has no significant effect on the payoffs of the players in …

Concessions try to avoid conflict in bargaining and can finally lead to an agreement. Although they usually are seen as … attempts. We experimentally compare three protocols of concession bargaining, the normal form or static one, the one where …

accomplishing this split. -- ultimatum game ; wage flexibility ; wage ratchet effect ; wage bargaining ; labour market ; fair wages …

behavior in ultimatum bargaining? To answer this question,subjects play a one-shot ultimatum game with three players (proposer …

To commit credibly in bargaining is crucial: In the ultimatum game with its one–sided early commitment power the … simultaneouslythe (a)symmetric Nash(1950)–bargaining solution, however, predicts (moreor less) equal shares. Relying on a continuous …

We examine the strategic behavior of first and second movers in a two party bargaining game with uncertain information …