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We investigate a random proposer bargaining game with a dead line. A bounded time interval is divided into bargaining … periods of equal length and we study the limit of the subgame perfect equilibrium outcome as the number of bargaining periods …
Persistent link: https://www.econbiz.de/10012503005
We investigate a random proposer bargaining game with a dead line. A bounded time interval is divided into bargaining … periods of equal length and we study the limit of the subgame perfect equilibrium outcome as the number of bargaining periods …
Persistent link: https://www.econbiz.de/10004976665
We run a series of experiments to compare the well known arbitration scheme FOA (Final Offer Arbitration) with a new arbitration scheme, non compulsory, we proposed in a companion paper (Tanimura and Thoron (2008)): ROC (Recursive Offer Conciliation). The two mechanisms are also compared with a...
Persistent link: https://www.econbiz.de/10008924979
is a player who prefers x over y even with one period lag. The Nash bargaining solution is characterized in the language …
Persistent link: https://www.econbiz.de/10014589101
We introduce a form of pre-play communication that we call preopening. During the preopening, players announce their tentative actions to be played in the underlying game. Announcements are made using a posting system which is subject to stochastic failures. Posted actions are publicly...
Persistent link: https://www.econbiz.de/10011380033
the Sender's advice at face value and ii) the unique outcome of Nash-bargaining over information structures induces …
Persistent link: https://www.econbiz.de/10010482440
Persistent link: https://www.econbiz.de/10010495788
experimental results suggest: In a simple bargaining game with an exogenous mediation proposal, the likelihood of conflict is … independent of the balance of power. If bargaining involves endogenous demand choices, however, the likelihood of conflict is … higher if power is more imbalanced. Even though endogenous bargaining outcomes reflect the players' unequal fighting …
Persistent link: https://www.econbiz.de/10011576771
Persistent link: https://www.econbiz.de/10012103932
Persistent link: https://www.econbiz.de/10011971230