People's desire for fair transactions can play an important role in negotiations, organizations, and markets. In this … paper, we show that markets can also shape what people consider to be a fair transaction. We propose a simple and generally …

effect of contracts on bargaining threatpoints. We compare situations in which an initial contract is renegotiated to … strategically equivalent bargaining situations in which no ex ante contract was written. The ex ante contract causes sellers to ask … for markups that are 45 percent lower than in strategically equivalent bargaining situations without an initial contract …

the context of Young's (1993b)bargaining model. It turns out that 'cleverness' in this respect indeed does have an … bargaining solution remains the unique long-run outcome when the mutation rate goes to zero. …

marriage in North Africa, where asymmetric rights in marriage create incentives for extensive up-front bargaining and detailed … on economic theories of the marriage market and game-theoretic approaches to bargaining to propose a unifying framework …, Morocco, and Tunisia, illustrating how individuals' characteristics and ability to pay shape bargaining power and marriage …

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 …

We present a model of bargaining in which a committee searches over the policy space, successively amending the default … by voting over proposals. Bargaining ends when proposers are unable or unwilling to amend the existing default, which is …

bargaining model of price formation with asymmetric information. Under natural assumptions on type distributions, and for any …

probability of negotiation breakdown in a bargaining protocol whose sequential equilibrium implements the optimal mechanism. …