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I analyze a dynamic model of concurrent bargaining in which multiple long-lived prospective buyers compete to trade … bargaining dynamics within this framework. When buyers’ past offers are kept confidential, they can competitively engage in … benefit from maintaining offer confidentiality and reducing the number of buyers participating in the confidential bargaining …
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This paper provides novel insights about competition among bidders during the whole takeover process, its effect on … higher pre-announcement competition among bidders is. I measure competition during the private sales process with a ratio … this competition measure are that (1) it relies on data as reported in target firm's official merger documents filed with …
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of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010383874
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
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experiment based on Grundmann and Lambsdorff (2017). Subjects earn income and report a tax rate, which they determine by rolling … luck and whether there is competition for a high income. In the luck treatments, just deserts would imply that subjects aim … subjects from cheating for their personal gain. Competition has no systematic effect on cheating. …
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