We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …

We study the microstructure of the U.S. housing market using a novel data set comprising housing search and bargaining …-react to information shocks in estimating the sales price. Last, we find that the bargaining outcomes are influenced by … explained by existing theories, in affecting bargaining power and surplus allocation in bilateral bargaining in housing …

I develop an equilibrium, two-sided search model of marriage with endogenous population growth to study the interaction …

constitutional reforms. In a setting where lawmakers interact with a lobby through a bargaining process and with voters by means of … elections, we show that when time constraints are binding, bicameralism might lead to a decline in the legislator's bargaining …

nonunionized firms. However, little research has been devoted to examining the implications of ESOPs for collective bargaining or … involve a strike. We examine these predictions using U.S. bargaining data from 1970 to 1995. The data suggest that ESOPs do … improved bargaining efficiency, we find that the announcement of a union ESOP leads to a 50 percent larger stock market …

The labor economics literature has shown that the "efficient bargaining" model, in which wage and employment are … wage is determined via bargaining and employment determined subsequently and unilaterally by the firm. This paper reports … an experiment in which the choice of the bargaining agenda is endogenous within a noncooperative game. We find that …

We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …

bilateral bargaining process. We demonstrate that home sellers and home buyers follow different rounding-off heuristics. While … bilateral bargaining behavior in the U.S. housing market …