Showing 1 - 10 of 1,710
This paper presents results on the stability of the wage dispersion model presented in Mortensen (2003). Specifically, we test four "positive definite" learning processes on a single parameterisation of the underlying model, and submit the most successful to a thorough sensitivity analysis. The...
Persistent link: https://www.econbiz.de/10010210278
Persistent link: https://www.econbiz.de/10000757661
Persistent link: https://www.econbiz.de/10000125130
by ultimatum game bargaining. In the search stage of this game, sellers post intervals of possible surplus splits to … interaction between bargaining and competition in the preliminary search stage. The main results confirm that behavior in the …
Persistent link: https://www.econbiz.de/10012930572
Persistent link: https://www.econbiz.de/10012672078
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …
Persistent link: https://www.econbiz.de/10012648091
Persistent link: https://www.econbiz.de/10011986793
Persistent link: https://www.econbiz.de/10012504972
stochastic matching between the pairs of players and analyze the dynamics of bargaining in such a market. The cases of convergent … dynamics converges rapidly to the generalized Nash bargaining solution, which is an equilibrium that combines notions of …
Persistent link: https://www.econbiz.de/10014420153
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes … in isolated bilateral bargaining. …
Persistent link: https://www.econbiz.de/10012587476