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The bargaining trap
Schweighofer-Kodritsch, Sebastian - 2021
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
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Why are there strikes?
Chun, Kyung Nok; Schaller, Zachary; Skaperdas, Stergios - 2020
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
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The Bargaining Trap
Schweighofer-Kodritsch, Sebastian - 2022
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
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Language of Bargaining
Heddaya, Mourad; Dworkin, Solomon; Tan, Chenhao; Voigt, … - 2023
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
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The bargaining trap
Schweighofer-Kodritsch, Sebastian - 2022
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
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Endogenous Bargaining Power
Esteban, Joan Maria; Sakovics, Jozsef - 2003
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
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Long-term relationship bargaining
Westermark, Andreas - 2013
We analyze a bargaining model where there is a long-term relationship between a seller and a buyer and there is … bargaining over a sequence of surpluses that arrives at fixed points in time. Markov Perfect Equilibria are analyzed and …
Persistent link: https://www.econbiz.de/10009760481
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Unions' bargaining coordination in multinational enterprises
Buccella, Domenico - In: SERIEs : Journal of the Spanish Economic Association 4 (2013) 4, pp. 373-392
This paper investigates the patterns of bargaining in multinational enterprises (MNEs) in the presence of labor unions … coordination activities. It derives the bargaining regimes which arise as sub-game perfect equilibria, and considers both … unions’ per member transaction costs may attenuate the conflict of interests between bargaining parties as regards the …
Persistent link: https://www.econbiz.de/10010223425
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The New Keynesian Phillips Curve and staggered price and wage determination in a model with firm-specific labor
Carlsson, Mikael; Westermark, Andreas - 2009 - rev.
We develop a DSGE model with firm-specific labor where firm-level wage bargaining and price setting are subject to …
Persistent link: https://www.econbiz.de/10010127998
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Dissolving an ambiguous partnership
Oechssler, Joerg; Roomets, Alex - 2023
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