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A Simple Bargaining Mechanism that Elicits Truthful Reservation Prices

Brams, Steven J.; Kaplan, Todd R.; Kilgour, D. Marc - 2012

/2; if neither offer falls into the interval, there is no settlement. Comparisons are made with other bargaining mechanisms …

Persistent link: https://www.econbiz.de/10014043989

Chapter 50 Bargaining with incomplete information

Ausubel, Lawrence M.; Cramton, Peter; Deneckere, Raymond J. - In: Handbook of game theory with economic applications : …, (pp. 1897-1945). 2002

agreements. Informational differences provide an appealing explanation for bargaining inefficiencies. This chapter provides an … overview of the theoretical and empirical literature on bargaining with incomplete information.The chapter begins with an … analysis of bargaining within a mechanism design framework. A modern development is provided of the classic result that, given …

Persistent link: https://www.econbiz.de/10014024495

Asymmetric information and list price reductions in the housing market

Wit, Erik R. de; Klaauw, Bas van der - 2010

In housing markets with asymmetric information list prices may signal unobserved properties of the house or the seller. Asymmetric information is the starting point of many models for the housing market. In this paper, we estimate the causal effect of list-price reductions to test for the...

Persistent link: https://www.econbiz.de/10011380153

Settlement under the threat of conflict : the cost of asymmetric information

Sjöberg, Eric - 2014

I study a situation where two players disagree on the division of a good. In the first of two stages, the players can divide the good peacefully between them by signing a contract. If either or both players reject the contract, they must engage in a costly contest over the good. One of the...

Persistent link: https://www.econbiz.de/10010337007

A note on the impact of procedures in strike models : the case of bargaining structure

Goerke, Laszlo - 1997

For a two-period screening model of strikes it is shown that joint bargaining instead of enterprise negotiations lowers …

Persistent link: https://www.econbiz.de/10009755226

Bargaining with Voluntary Transmission of Private Information : An Experimental Analysis of Final Offer Arbitration

Pecorino, Paul - 2020

, asymmetric information can lead to costly bargaining failure. Voluntary disclosure of private information has the potential to …

Persistent link: https://www.econbiz.de/10012830040

North-South climate change negotiations : a sequential game with asymmetric information

Caparrós Gass, Alejandro; Pereau, Jean-Christophe; … - 2003

This article determines the conditions under which the Southern countries should act together, or separately, while negotiating with the North about climate change policy and about the conditions for future Southern engagement. The paper models the international negotiations with complete and...

Persistent link: https://www.econbiz.de/10011589628