Bilateral bargaining situations are often characterized by informational asymmetries concerning the size of what is at stake: in some cases, the proposer is better informed, in others, it is the responder. We analyze the effects of both types of asymmetric information on proposer behavior in two...

Introduction: Applied Economics of Information and Risk -- An Incentive Mechanism with regard to Transaction-Specific Investment, and Information -- Bidding Mechanism of Monitoring and Collusion -- Effectiveness of Mandatory Disclosure for Consumer Policy -- Asymmetric Information, Ex-ante...