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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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Negotiating Risks : Sources of Uncertainty and the Impact of Reference Points on Concession-Making and Settlements
Bottom, William P. - 1997
demonstrating that reference dependent shifts in risk attitude are essential to a descriptive theory of bargaining …
Persistent link: https://www.econbiz.de/10014060711
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North-South climate change negotiations : a sequential game with asymmetric information
Caparrós Gass, Alejandro; Pereau, Jean-Christophe; … - 2003
Persistent link: https://www.econbiz.de/10001743033
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North-South climate change negotiations : a sequential game with asymmetric information
Caparrós Gass, Alejandro; Pereau, Jean-Christophe; … - 2003
This article determines the conditions under which the Southern countries should act together, or separately, while negotiating with the North about climate change policy and about the conditions for future Southern engagement. The paper models the international negotiations with complete and...
Persistent link: https://www.econbiz.de/10011589628
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How to talk to multiple audiences
Goltsman, Maria (contributor); Pavlov, Gregory (contributor) - 2008
We analyze the performance of various communication protocols in a generalization of the Crawford-Sobel (1982) model of cheap talk that allows for multiple receivers. We find that whenever the sender can communicate informatively with both receivers by sending private messages, she can...
Persistent link: https://www.econbiz.de/10003772300
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Jackpot justice : the value of inefficient litigation
Zhou, Jun - 2010
Litigation seems to be a Pareto-ineffcient outcome of pretrial bargaining; however, this paper shows that litigation …. Even if the plaintiff could obtain a higher payoff from bargaining than from litigation-without-bargaining, bargaining may …
Persistent link: https://www.econbiz.de/10008823162
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Equal split in the informal market for group train travel
Waichman, Israel; Korzhenevych, Artem; Requate, Tilman - 2010
. The bargaining behavior resembles the Ultimatum game to the extent that proposers request a fixed price for a shared ride … positions of the bargaining parties are hardly symmetric and the formation of the full group is not guaranteed. Using a simple … offer is made right before the train departure. -- Natural field experiment ; bargaining ; focal point ; equal split ; agent …
Persistent link: https://www.econbiz.de/10003983147
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Democratic peace : a principal-agent approach
Leonhardt, Nadine - 2013
Das Papier befasst sich modelltheoretisch mit dem empirischen Phänomen des „Demokratischen Friedens“, der Beobachtung also, dass Demokratien ihre Konflikte in der Regel nicht kriegerisch lösen. Die Grundlage meiner Analyse bildet das Modell von Fearon (1995), ein Verhandlungsspiel mit 2...
Persistent link: https://www.econbiz.de/10010225096
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An Experimental Study of Voting with Costly Delay
Kwiek, Maksymilian - 2015
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10013015019
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Final-Offer Arbitration with Uncertainty Averse Parties
Çelen, Boğaçhan - 2016
Final-offer arbitration (FOA) is a widely used binding dispute resolution mechanism, where an impartial arbitrator is constrained to choose one of the two final offers pro- posed by two disputing parties. We build an equilibrium model of FOA with agents averse to arbitral uncertainty to study...
Persistent link: https://www.econbiz.de/10012999805