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Fairness and competition in a bilateral matching market
Bester, Helmut - 2021
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012587476
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A theory of pledge-and-review bargaining
Harstad, Bård - 2022
Inspired by the negotiations leading up to the Paris Agreement on climate change, I study a bargaining game where every party is proposing only its own contribution, before the set of pledges must be unanimously approved. I show that, with uncertain tolerance for delay, each equilibrium pledge...
Persistent link: https://www.econbiz.de/10013488863
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Race meets bargaining in product development
Karagözoğlu, Emin; Keskin, Kerim; Sağlam, Hüseyin … - 2020
We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...
Persistent link: https://www.econbiz.de/10012165947
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Decentralized task coordination
Gudmundsson, Jens; Hougaard, Jens Leth; Platz, Trine Tornøe - 2020
We study decentralized task coordination. Tasks are of varying complexity and agents asymmetric: agents capable of completing high-level tasks may also take on tasks originally contracted by lower-level agents, facilitating system-wide cost reductions. We suggest a family of decentralized...
Persistent link: https://www.econbiz.de/10012299210
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Dominant Strategy Implementation of Bargaining Solutions
Mizukami, Hideki; Wakayama, Takuma - 2020
We consider the problem where agents bargain over their shares of a perfectly divisible commodity. The aim of this paper is to identify the class of bargaining solutions induced by dominant strategy implementable allocation rules. To this end, we characterize the class of dominant strategy...
Persistent link: https://www.econbiz.de/10014041039
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Sixty-seven years of the Nash program : time for retirement?
Serrano, Roberto - In: SERIEs : Journal of the Spanish Economic Association 12 (2021) 1, pp. 35-48
The Nash program is an important research agenda initiated in Nash (Econometrica 21:128-140, 1953) in order to bridge the gap between the noncooperative and cooperative counterparts of game theory. The program is thus turning sixty-seven years old, but I will argue it is not ready for...
Persistent link: https://www.econbiz.de/10012503895
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Socio-legal systems and implementation of the Nash solution in Debreu-Hurwicz equilibrium
Haake, Claus-Jochen; Trockel, Walter - 2021 - This version: April 05, 2021
and Sonnenschein (1975) that also generalizes the dcmechanism of Koray and Yildiz (2018) which relates implementation via … mechanisms with implementation via rights structures as introduced by Sertel (2001). In the second part we apply and illustrate … provide in a socio-legal system based on Nash's demand game an implementation of the Nash bargaining solution in Debreu …
Persistent link: https://www.econbiz.de/10012499554
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Fairness and competition in a bilateral matching market
Bester, Helmut - 2021
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012648091
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Pairing games and markets
Alkan, Ahmet; Tuncay, Alparslan - 2014
Pairing Games or Markets studied here are the non-two-sided NTU generalization of assignment games. We show that the Equilibrium Set is nonempty, that it is the set of stable allocations or the set of semistable allocations, and that it has several notable structural properties. We also...
Persistent link: https://www.econbiz.de/10010350435
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Does bargaining matter in the small firm matching model?
L'Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - 2010
's matching model of unemployment. To the best of our knowledge, this is the first attempt that has been made to implement and … systematically compare these solutions in search-matching economies. Our results are twofold. First from the theoretical …/methodological viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove …
Persistent link: https://www.econbiz.de/10009007407