Showing 1 - 10 of 5,493
This paper studies bargaining and conflict under incomplete information, provides an overview and a critical account of … sequential bargaining that take confrontation as final. Conflict and inefficiencies are to be expected in these models whenever … parties have optimistic prospects on the outcome of the all-out conflict. After examining the causes and reasons for this …
Persistent link: https://www.econbiz.de/10008465156
We consider a two-country model of wage determination with private information in unionized imperfectly competitive industries. We investigate the effects of separated product markets opening up for competition as well as of further market integration on the negotiated wage and the maximum delay...
Persistent link: https://www.econbiz.de/10014063279
of bargaining, where offers are made, with claim stages, where one side can commit to impose surrender on the other … both wrong. Bargaining proposals that are rejected initially might eventually be accepted after several periods of … strengths of contenders at attack and defense. Changes in these parameters display non-monotonic effects. -- bargaining …
Persistent link: https://www.econbiz.de/10009506420
Two individuals are involved in a conflict situation in which preferences are ex ante uncertain. While they eventually …
Persistent link: https://www.econbiz.de/10011412685
In this study, I examine the alternating‐offer bilateral bargaining model with private correlated values. The … limits and show that it is efficient, but the surplus split generally differs from the Nash bargaining split. I then … construct a double limit that approximates the Nash bargaining split in the ex post surplus, but with a delay. Further, I prove …
Persistent link: https://www.econbiz.de/10011856724
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 …
Persistent link: https://www.econbiz.de/10010373492
bargaining model of price formation with asymmetric information. Under natural assumptions on type distributions, and for any …
Persistent link: https://www.econbiz.de/10011673489
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
We consider ultimatum bargaining over the provision of a public good. Offer-maker and responder can delegate their …
Persistent link: https://www.econbiz.de/10013332120
We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially … a sequence of bad actions originated. Assuming that both sides are not extremists, spirals of distrust and conflict get … this mechanism can be useful in interpreting cycles of ethnic conflict and international war, and how it also emerges in …
Persistent link: https://www.econbiz.de/10009573260