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We report results from a laboratory experiment on strategic bargaining with indivisibilities studying the role of … have on bargaining power and identify how subjects' observed behavior systematically deviates from theoretical predictions …' heuristic which equates bargaining power with recognition probabilities to explain these findings …
Persistent link: https://www.econbiz.de/10012937237
recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the … equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … asymmetries have on bargaining power, especially when the asymmetries relate to recognition probabilities. …
Persistent link: https://www.econbiz.de/10011288420
We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …
Persistent link: https://www.econbiz.de/10010325975
recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the … equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … asymmetries have on bargaining power, especially when the asymmetries relate to recognition probabilities. …
Persistent link: https://www.econbiz.de/10010532580
We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …
Persistent link: https://www.econbiz.de/10011380046
We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …
Persistent link: https://www.econbiz.de/10011255823
We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …
Persistent link: https://www.econbiz.de/10008838569
We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …
Persistent link: https://www.econbiz.de/10011372980
The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary … vanishes, convergence to the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard …
Persistent link: https://www.econbiz.de/10011343949
The bargaining model with stochastic order of proposing players is properly embedded in continuous time and it is … the Nash bargaining solution of a modified bargaining problem and the Maximum Theorem implies convergence to the Nash … bargaining solution when time between proposals vanishes. The model unifies alternating offers, one-sided offers and random …
Persistent link: https://www.econbiz.de/10011343950