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of bargaining, where offers are made, with claim stages, where one side can commit to impose surrender on the other … both wrong. Bargaining proposals that are rejected initially might eventually be accepted after several periods of … strengths of contenders at attack and defense. Changes in these parameters display non-monotonic effects. -- bargaining …
Persistent link: https://www.econbiz.de/10009506420
bargaining model of price formation with asymmetric information. Under natural assumptions on type distributions, and for any …
Persistent link: https://www.econbiz.de/10011673489
In this study, I examine the alternating‐offer bilateral bargaining model with private correlated values. The … limits and show that it is efficient, but the surplus split generally differs from the Nash bargaining split. I then … construct a double limit that approximates the Nash bargaining split in the ex post surplus, but with a delay. Further, I prove …
Persistent link: https://www.econbiz.de/10011856724
solution to an intra-personal bargaining problem among different selves of an individual, where each self represents a … coincide with our bargaining solution, for some pair of preference relations. Second, we provide a revealed …-preference foundation to our bargaining solution and characterize the extent to which these two preference relations can be uniquely …
Persistent link: https://www.econbiz.de/10011690873
This paper offers a theoretical model which focuses on cultural bargaining behavior. It is based on an intercultural … from a multi-active bargaining perspective which considers negotiation-is-an-art model. The results show the multi …-active bargaining types from a seller and a buyer perspective. The differences in international negotiation behavior show the problems …
Persistent link: https://www.econbiz.de/10011846596
Persistent link: https://www.econbiz.de/10011441277
We set up a rich bilateral bargaining model with four salient points (disagreement point, ideal point, reference point … determined. This model allows us to compare two bargaining solutions that use reference points, the Gupta-Livne solution and the … solutions place on the disagreement point do not directly imply a unique efficiency ranking in this bargaining problem with a …
Persistent link: https://www.econbiz.de/10011316643
In the present work, agreement on allocation of payments from multiple issues requires unanimous consent of all parties involved. The agents are assumed to know the aggregate payoffs but do not know their decomposition by issues. This framework applies to many real-world problems, such as the...
Persistent link: https://www.econbiz.de/10011671885
Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
This paper compares two approaches to analyzing longitudinal discrete-time binary outcomes. Dynamic binary response models focus on state occupancy and typically specify low-order Markovian state dependence. Multi-spell duration models focus on transitions between states and typically allow for...
Persistent link: https://www.econbiz.de/10012025722