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 …

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

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 …