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A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and … interfer more with bargaining behavior than conventional arbitration where the bargaining behavior was similar to the no-arbitration … treatment. Under final offer arbitration, negotiators adjust their bargaining strategy to the arbitrator's expected award. …
Persistent link: https://www.econbiz.de/10010297233
This paper deals with the effects that intermediation has on strategic behaviour in negotiations. To this end, we use the tools of game theory to analyse how different institutional settings can provide specific strategic incentives and thereby condition the outcome of negotiations. We...
Persistent link: https://www.econbiz.de/10010262705
stylized bargaining task that models payoff uncertainty at impasse with a final-offer arbitration (FOA) procedure. FOA use in … result that a significantly stronger narcotic effect is estimated for more sleepy bargaining pairs. One implication is that …
Persistent link: https://www.econbiz.de/10012658115
bargaining model of price formation with asymmetric information. Under natural assumptions on type distributions, and for any …
Persistent link: https://www.econbiz.de/10011599543
additional bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this may …
Persistent link: https://www.econbiz.de/10011954450
We consider ultimatum bargaining over the provision of a public good. Offer-maker and responder can delegate their …
Persistent link: https://www.econbiz.de/10013353483
additional bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this might …
Persistent link: https://www.econbiz.de/10010311787
of bargaining, where offers are made, with claim stages, where one side can commit to impose surrender on the other … both wrong. Bargaining proposals that are rejected initially might eventually be accepted after several periods of …
Persistent link: https://www.econbiz.de/10010317128
additional bargaining power. Negotiating as a group may also cause more inefficiencies due to bargaining failure, and this may …
Persistent link: https://www.econbiz.de/10010291516
The increasing volume of digital trades inevitably generates more disputes. An efficient online dispute resolution mechanism is an important digital trade promotion policy measure, as it ensures the cyber order and strengthens online users' confidence. The immediate implication is the...
Persistent link: https://www.econbiz.de/10015045965