-household bargaining model featuring endogenous social norms. In contrast to the previous literature, which assumes a homogeneous social …

experiments that our distributed negotiation strategy yields performance sufficiently close to the Nash bargaining solution, and …

shocks to prices differently and, in light of auction and bargaining theories, suggest price momentum originates in sluggish … seller values. Our estimates indicate equal bargaining power in negotiations, that auctions mostly reflect buyers' values and …