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We consider non-cooperative bargaining on the division of a surplus under simple majority rule. We use the "open rule …" bargaining protocol as originally suggested by Baron and Ferejohn (1989): Proposals can be amended before they are voted on. It … is widely known that there are significant gaps in our understanding of open rule bargaining. In order to address these …
Persistent link: https://www.econbiz.de/10012310731
We consider non-cooperative bargaining on the division of a surplus under simple majority rule. We use the "open rule …" bargaining protocol as originally suggested by Baron and Ferejohn (1989): Proposals can be amended before they are voted on. It … is widely known that there are significant gaps in our understanding of open rule bargaining. In order to address these …
Persistent link: https://www.econbiz.de/10012316681
ultimately not formed. Articulation of hypothetical outside options in the bargaining process determines the relative bargaining …
Persistent link: https://www.econbiz.de/10010261418
ultimately not formed. Articulation of hypothetical outside options in the bargaining process determines the relative bargaining …
Persistent link: https://www.econbiz.de/10012780465
ultimately not formed. Articulation of hypothetical outside options in the bargaining process determines the relative bargaining …, competitive equilibrium with free group formation and bargaining cum voice, endogenizes the outside options as well as the power …
Persistent link: https://www.econbiz.de/10008468573
We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partner's commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...
Persistent link: https://www.econbiz.de/10010323019
The relationship between our general equilibrium model with multi- member households and club models with multiple private goods is investigated. The main distinction in the definitions consists of the equilibrium concepts. As a rule, competitive equilibria among house- holds where no group of...
Persistent link: https://www.econbiz.de/10011753174
The relationship between our general equilibrium model with multi- member households and club models with multiple private goods is investigated. The main distinction in the definitions consists of the equilibrium concepts. As a rule, competitive equilibria among households where no group of...
Persistent link: https://www.econbiz.de/10008732395
We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partner's commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...
Persistent link: https://www.econbiz.de/10013075130
We consider competitive markets for multiple commodities with endogenous formation of one- or two-person households. Within each two-person household, externalities from the partnerś commodity consumption and unpriced actions are allowed. Each individual has two types of traits: observable...
Persistent link: https://www.econbiz.de/10010189829