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Persistent link: https://www.econbiz.de/10010395624
experimental results suggest: In a simple bargaining game with an exogenous mediation proposal, the likelihood of conflict is … independent of the balance of power. If bargaining involves endogenous demand choices, however, the likelihood of conflict is … higher if power is more imbalanced. Even though endogenous bargaining outcomes reflect the players' unequal fighting …
Persistent link: https://www.econbiz.de/10011576771
We study a bargaining model with a disagreement game between offers and counteroffers. In order to characterize the set …
Persistent link: https://www.econbiz.de/10011372980
We analyze a model of strategic network formation prior to a Manea (2011) bargaining game: ex-ante homogeneous players … sequential network bargaining. Assuming patient players, we provide a complete characterization of networks being pairwise (Nash … bargaining outcomes to be substantially narrowed down provided pairwise stability. Further, we find that for sufficiently high …
Persistent link: https://www.econbiz.de/10010458499
We consider bilateral non-cooperative bargaining on the division of a surplus. Compared to the canonical bargaining … game in the tradition of Rubinstein, we introduce additional sources of friction into the bargaining process … month, quarter, or year. Bargaining rounds are of non-trivial length, so that counter-offers may be made without triggering …
Persistent link: https://www.econbiz.de/10011962142
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
This paper studies infinite-horizon bargaining between a seller and multiple buyers when externalities are present. We …
Persistent link: https://www.econbiz.de/10010128002
We analyze a bargaining model where there is a long-term relationship between a seller and a buyer and there is … bargaining over a sequence of surpluses that arrives at fixed points in time. Markov Perfect Equilibria are analyzed and …
Persistent link: https://www.econbiz.de/10009760481
We consider non-cooperative bargaining on the division of a surplus under simple majority rule. We use the "open rule …" bargaining protocol as originally suggested by Baron and Ferejohn (1989): Proposals can be amended before they are voted on. It … is widely known that there are significant gaps in our understanding of open rule bargaining. In order to address these …
Persistent link: https://www.econbiz.de/10012310731
The Nash bargaining solution of a modified bargaining problem in the contract space yields the pair of stationary … vanishes, convergence to the Nash bargaining solution is immediate by the Maximum Theorem. Numerical implementation in standard …
Persistent link: https://www.econbiz.de/10011343949