We study the alternating-offers bargaining problem of assigning an indivisible and commonly valued object to one of two … veto power over any settlement. There is no depreciation during the bargaining process which involves signalling of private …

We study the alternating-offer bargaining problem of sharing a common value pie under incomplete information on both …

This paper investigates the patterns of bargaining in multinational enterprises (MNEs) in the presence of labor unions … coordination activities. It derives the bargaining regimes which arise as sub-game perfect equilibria, and considers both … unions’ per member transaction costs may attenuate the conflict of interests between bargaining parties as regards the …

This paper argues that the notion of focal points is important in understanding bargaining processes. Recent literature … confines a discussion of the usefulness of the notion to coordination problems and when bargaining experiments result in … equal split division and it re-interprets recent experimental evidence in bargaining games. Experimental economists should …

We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …

This paper studies bargaining outcomes in economies in which agents may be able to impose outcomes that deviate from … the relevant social norms but incur costs when they do so. It characterizes bargaining outcomes that are easiest for a … approach yields the Nash bargaining solution, the Kalai-Smorodinsky solution, the equal monetary split, and other bargaining …

the context of Young's (1993b)bargaining model. It turns out that 'cleverness' in this respect indeed does have an … bargaining solution remains the unique long-run outcome when the mutation rate goes to zero. …

the context of Young's (1993b)bargaining model. It turns out that "cleverness" in this respect indeed does have an … bargaining solution remains the unique long-run outcome when the mutation rate goes to zero. …

We first show through a counter-example that the existence result of Maskin: Bargaining, coalitions and externalities …, Presidential address of the Econometric Society, 2003] does not extend beyond three players.Intuitively, the bargaining may not be … able to continue because there may be no optimal offer at all. Then we consider the effect of bargaining orders for the …