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language shapes bilateral bargaining. Our dataset extends existing work in two ways: 1) we recruit participants via behavioral …
Persistent link: https://www.econbiz.de/10014356737
Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it was thought that they were a result of mistakes or irrationality. Then, during the 1980s an explosion of research brought asymmetric information to prominence as a significant...
Persistent link: https://www.econbiz.de/10012299563
bargaining. We develop a theoretical model of pre-arbitration bargaining that is able to identify the impact of the institutional …Arbitration, as an alternative to litigation for contract disputes, reduces costs and time. While it has frequently … been thought of as a substitute to pretrial bargaining and litigation, in fact, parties may be able to reach a settlement …
Persistent link: https://www.econbiz.de/10014157602
I revisit the Rubinstein (1982) model for the classic problem of price hag- gling and show that bargaining can become a … of fixed bargaining costs). Augmenting the protocol with unilateral exit options for responding bargainers generally …
Persistent link: https://www.econbiz.de/10013191479
I revisit the Rubinstein (1982) model for the classic problem of price haggling and show that bargaining can become a … of fixed bargaining costs). Augmenting the protocol with unilateral exit options for responding bargainers generally …
Persistent link: https://www.econbiz.de/10014077332
I revisit the Rubinstein (1982) model for the classic problem of price haggling and show that bargaining can become a … of fixed bargaining costs). Augmenting the protocol with unilateral exit options for responding bargainers generally …
Persistent link: https://www.econbiz.de/10013358929
We present a novel approach to N-person bargaining, based on the idea that the agreement reached in a negotiation is …
Persistent link: https://www.econbiz.de/10014086914
by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining … mechanisms: unstructured bargaining, the Texas shoot-out, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …
Persistent link: https://www.econbiz.de/10014380287
In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power … at gender differences in bargaining behavior and in the effect of nominal weights. We find that women and men differ in …
Persistent link: https://www.econbiz.de/10013171871
We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned … explained by a stronger connection between the tension in first proposals and the final bargaining outcome under time pressure …
Persistent link: https://www.econbiz.de/10011411276