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participan. -- Group identity ; Experiments ; Markets ; Bargaining … market game. We create group identity through a focal point coordination game. Subjects play a three-person bargaining game …
Persistent link: https://www.econbiz.de/10009310129
recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the … equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … asymmetries have on bargaining power, especially when the asymmetries relate to recognition probabilities. …
Persistent link: https://www.econbiz.de/10010532580
of bargaining failures. Unlike previous behavioural research, that is mostly based on motivated beliefs and actions, this …
Persistent link: https://www.econbiz.de/10012104838
of bargaining failures. Unlike previous behavioural research, that is mostly based on motivated beliefs and actions, this …
Persistent link: https://www.econbiz.de/10012129125
place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …
Persistent link: https://www.econbiz.de/10010365906
management relative bargaining power visà-vis shareholders and vis-à-vis unions can differ. In such a framework, differences in … the relative bargaining power among involved stakeholders play a key role in determining the endogenous choice by firms … managerial firm. Moreover, the distribution of stakeholders' relative bargaining power affects firms' profitability and overall …
Persistent link: https://www.econbiz.de/10012801884
consumption, such as an insurer bargaining with hospitals. We show that the common Nash- in-Nash solution, while useful for …
Persistent link: https://www.econbiz.de/10011807830
In a two-tier industry with bottleneck upstream and two downstream firms producing vertically differentiated goods, we identify conditions under which the upstream supplier chooses exclusive or non-exclusive negotiations, or an English auction to sell its essential input. Auctioning off a...
Persistent link: https://www.econbiz.de/10012202056
Although the role of formal and informal institutions in promoting economic growth and sustaining exchange relations is now well established, explaining and differentiating how informal and formal rules affect individual behavior remain a challenge. This study aims to distill the essential...
Persistent link: https://www.econbiz.de/10011349339
Persistent link: https://www.econbiz.de/10010191396