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To say that financial aid is a key component of the college admissions process is an understatement. For the student and her family, financial aid is a way to afford quality post-secondary education that otherwise may have been unobtainable. For the college, financial aid is a method to compete...
Persistent link: https://www.econbiz.de/10005086926
analyzes the design of optimal divisional structure within an organization where ex post bargaining between the potential … bargaining is possible, formal divisional structure defines both the ex post bargaining position of the two managers and their … incentive to search ex ante. When the managers tend to arrive at a more favorable project to the principal via bargaining, the …
Persistent link: https://www.econbiz.de/10010987651
simulations. Institutional change, as captured by variations in workers’ bargaining power, has a positive effect on the long …
Persistent link: https://www.econbiz.de/10010987673
In 2012–2013 the European Commission has had particularly prominent merger cases, with two prohibitions of transactions and several clearances with far-reaching remedies. In these cases economic analysis has been tightly integrated into the general argument of the Commission and became central...
Persistent link: https://www.econbiz.de/10010988275
Faculty scientists often avoid disclosing their inventions to the university’s technology licensing office (TLO), opting instead to self-license their invention. As this paper argues, TLO’s can achieve full disclosure by allowing faculty scientists to self-license their invention in return...
Persistent link: https://www.econbiz.de/10010988372
<Para ID="Par1">This paper identifies, and tests experimentally, a prediction of the Nash bargaining axioms that may … appear counterintuitive. The context is a simple bargaining problem in which two players have to agree a choice from three …
Persistent link: https://www.econbiz.de/10010988752
“Randomized dictatorship,” one of the simplest ways to solve bargaining situations, works as follows: a fair coin toss … determines the “dictator”—the player to be given his first-best payoff. The two major bargaining solutions, that of Nash …
Persistent link: https://www.econbiz.de/10010988759
In this paper, we study the role of fairness motivation in bargaining. We show that bargaining between two strongly …, by applying the Nash bargaining solution, we study the influence of fairness motivation on the bargaining outcome when an … agreement is reached. In particular, we show that the bargaining outcome is sensitive to the fairness motivation of the two …
Persistent link: https://www.econbiz.de/10010988786
Persistent link: https://www.econbiz.de/10010988926
We report on an experiment using video technology to study effects of communication on donations to and discrimination between potential receivers. The experimental design eliminates strategic factors by allowing two receivers to unilaterally communicate with an anonymous dictator before the...
Persistent link: https://www.econbiz.de/10010988999