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Communication, Renegotiation, and the Scope for Collusion
Cooper, David J.; Kuhn, Kai-Uwe - 2009
We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple collusion game. Consistent with the existing literature on communication and collusion, even minimal communication leads to a short run increase in collusion. However, in a limited...
Persistent link: https://www.econbiz.de/10014201287
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Search frictions and market power in negotiated price markets
Allen, Jason; Clark, Robert; Houde, Jean-Francois - 2018 - This version: March 12, 2018
We provide a framework for empirical analysis of negotiated-price markets. Using mortgage market data and a search and negotiation model, we characterize the welfare impact of search frictions and quantify the role of search costs and brand loyalty for market power. Search frictions reduce...
Persistent link: https://www.econbiz.de/10011809443
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Multiemployer Bargaining and Monopoly : Labor-Management Collusion and a Partial Solution
Sanders, Anthony B. - 2011
Multiemployer collective bargaining relationships between unions and employer associations easily devolve into … legalized cartels. Once unions establish themselves as the bargaining representative for employers’ employees, the employers … employer. It outlines how unions and (especially) associations work to thwart such an employer from bargaining directly with a …
Persistent link: https://www.econbiz.de/10014200477
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Exclusive contracts and bargaining power
Kitamura, Hiroshi; Matsushima, Noriaki; Sato, Misato - 2016
from buying input from a new up-stream supplier. Incorporating Nash bargaining into the standard one …
Persistent link: https://www.econbiz.de/10011530227
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Empirical analysis of countervailing power in business-to-business bargaining
Beckert, Walter - 2011 - This version: 15 October 2011
bargaining over rents. Disentangling them is critical to the empirical identification of countervailing power. Testable …. -- countervailing power ; bargaining ; nonlinear prices ; transaction panel data …
Persistent link: https://www.econbiz.de/10009354735
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The role of discounting in bargaining with one-sided offers
Dilmé, Francesc - 2021
rates. Our full characterization of equilibrium behavior permits studying how patience shapes the bargaining outcome. We …
Persistent link: https://www.econbiz.de/10012438413
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A Note on Renegotiation in Repeated Bertrand Duopolies
Andersson, Ola; Wengström, Erik - 2011
Weak Renegotiation-Proofness (WRP) singles out marginal cost pricing as a unique pure-strategy equilibrium of the infinitely repeated Bertrand duopoly. We show that, with a discrete strategy space, WRP does not eliminate any relevant subgame perfect equilibrium outcome
Persistent link: https://www.econbiz.de/10014178724
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The role of discounting in bargaining with private information
Dilmé, Francesc - 2023
agents' discount rates (i.e., patience levels) shape the bargaining outcome. We find that the seller's commitment problem … he is more impatient, independently of his private valuation; hence, higher bargaining costs may give negotiators with … private information greater bargaining power. …
Persistent link: https://www.econbiz.de/10014441885
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Vertical bargaining and retail competition : what drives countervailing power?
Gaudin, Germain - 2017
are derived from a model of bilateral Nash-bargaining between upstream and downstream firms which allows for general forms …
Persistent link: https://www.econbiz.de/10011654786
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Pass-through, vertical contracts, and bargains
Gaudin, Germain - 2015
price, and then to the retail price. The type of vertical agreement firms contract upon as well as their relative bargaining …
Persistent link: https://www.econbiz.de/10011381689