We introduce aggregate uncertainty into a Rubinstein and Wolinsky (1985)-type dynamic matching and bilateral bargaining …

I show that in noncooperative bargaining between two players with risk aversion, the more risk averse player always … obtains a larger equilibrium payoff, after controlling for the other sources of advantage in bargaining e.g. patience and … order of bargaining. I contrast my result with that of Roth (1985) that a risk averse player is disadvantaged when facing a …

We conduct an experiment in which subjects play an ultimatum game but, rather than bargaining over money, they bargain …

demonstrating that reference dependent shifts in risk attitude are essential to a descriptive theory of bargaining …

analyze the comparative statics properties of a bargaining model with uncertainty. We identify sufficient and necessary …

model, while considering the bargaining between stockholders and debtholders. We show that replacing stock with subdebt: (1 …) leads to fewer risk-shifting events, but generates a higher level of risk when stockholders have strong bargaining power …

criterion. We then explicitly model the bargaining process by which firms will agree to a particular redistribution. We allow …