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The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting …
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We consider ultimatum bargaining over the provision of a public good. Offer-maker and responder can delegate their …
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A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and … interfer more with bargaining behavior than conventional arbitration where the bargaining behavior was similar to the no-arbitration … treatment. Under final offer arbitration, negotiators adjust their bargaining strategy to the arbitrator's expected award. …
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