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 …

-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm … viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove …, our results show that even though the traditional results of bargaining theory apply in this context, they are generally …

We construct an empirical measure of expected network spillovers that arise through default cascades for the U …

particular, if the linking costs are not too low and not too high, at least one such network is pairwise stable. Moreover, in … explanation for many core-periphery structures observed in real life social networks. -- Network Formation ; Heterogeneity …

. Our model incorporates distortionary frictions such as transaction taxes, bargaining costs, and incomplete markets. When …

We develop a strategic model of network interdiction in a non-cooperative game of flow. An adversary, endowed with a … bounded quantity of bads, chooses a flow specifying a plan for carrying bads through a network from a base to a target …. Simultaneously, an agency chooses a blockage specifying a plan for blocking the transport of bads through arcs in the network. The …

This note considers a bargaining environment with two-sided asymmetric information and quasilinear preferences in which … parties select bargaining mechanism after learning their valuations. I demonstrate that sometimes the buyer achieves a higher … ex-ante payoff if the bargaining mechanism is selected by her opponent rather than by herself. In the model, the buyer …