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dance. We will see that both the content and the process of negotiation can change dramatically once when we think of … bargaining as an aesthetic activity which provides intrinsic joy as well as extrinsic benefits. In such a dance, there is plenty … harmonious. We identify many forms of dance in negotiation, and explore three: the dance of positioning, where passions and …
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. Maximal fees also arise from a negotiation model that extends price competition to price-fee competition. Competition in both …
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Public-private partnerships (PPPs) have the potential to increase efficiency and improve resource allocation. However, contract renegotiations are common and make us question the benefits to PPPs. Under current accounting standards, PPPs allow intertemporal reallocations of infrastructure...
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We argue that social and political risk causes significant aggregate fluctuations by changing workers' bargaining power … growth economy. We model distribution shocks as exogenous changes in workers'bargaining power in a labor market with search … of workers' bargaining power. We show how the estimated shocks agree with the historical narrative evidence. We document …
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We argue that social and political risk causes significant aggregate fluctuations by changing bargaining power. To that …, modifications in collective bargaining rules, or the end of dictatorships, in a sample of developed and emerging economies. These … exogenous changes in the bargaining power of workers in a labor market with search and matching. We calibrate the model to the U …
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