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In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the … remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact … on the public at large). Once this is recognised, negotiations ought to account for the interests of such stakeholder …
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In many kinds of bilateral negotiations the resolution of the issues at stake has an impact which extends beyond the … remits of the parties directly involved (e.g. labour negotiations in sectors of public interest, where a strike would impact … on the public at large). Once this is recognised, negotiations ought to account for the interests of such stakeholder …
Persistent link: https://www.econbiz.de/10011405864
This paper analyses collusion by innovative firms and the role of patents in a continuous-time real options framework. A patent-investment race model is formulated in which innovative firms bargain and reach collusive agreements. It is shown that, while collusion always delays innovation, it...
Persistent link: https://www.econbiz.de/10013290215
This paper applies the theory of social situations to international environmental agreements on greenhouse gas emission reduction. The usual pessimism on the size of stable coalitions among world regions is challenged for two alternative cases, namely by introducing farsightedness and by...
Persistent link: https://www.econbiz.de/10014127227