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The plea bargaining procedure, namely the viability of a stage of bargaining between prosecutor and defendant in … criminal suits, is analyzed in the framework of a two-sided incomlete information game. …
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existence of private information of at least one party; the time is then a discriminating instrument. The paper starts by … pointing out that this result does not hold once the traded quantity is not fixed as in most bargaining models; the quantity … general not monotonic in the quality of information. The value of information can be negative over some range as better …
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We analyze the effects of asymmetric information concerning the size of a pie on proposer behavior in three different … bargaining situations: the ultimatum game, the Yes-No-game and the dictator game. Our data show that (a) irrespective of the … information condition, proposer generosity increases with responder veto power, (b) informed proposers in the ultimatum game try …
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