seems to be not essential to rationalize the use of money in a search theoretic framework. This paper analyzes an endogenous … price search model of money where there is universal double coincidence of wants. The existence of a monetary equilibrium … disutility is sufficiently high and/or (ii) the entrepreneurs' bargaining power in the commodity market is sufficiently large …

We examine the commitment effect of delegated bargaining when the delegation contract is renegotiable. We consider a … seller who can either bargain face-to-face with a prospective buyer or delegate bargaining to an intermediary. The … the players are sufficiently patient. An extension to search market environment shows that the gains from delegation are …

This paper examines the commitment effect of delegated bargaining when renegotiation of the delegation contract cannot … basic model to a search market shows that the gains from delegation are negatively related to the efficiency of search. …

seems to be not essential to rationalize the use of money in a search theoretic framework. This paper analyzes an endogenous … price search model of money where there is universal double coincidence of wants. The existence of a monetary equilibrium … disutility is sufficiently high and/or ii) the entrepreneurs' bargaining power in the commodity market is sufficiently large …

trade. Once a worker-firm pair reach agreement, they exit the market. Alternative possible matches affect agents' bargaining … -- feature frequently. Mismatch occurs whenever an agent's bargaining position is at risk of deteriorating. Delay occurs whenever … agents expect their bargaining position to improve. Delay can be extensive and structured with vertically differentiated …

is used by individual proposers who search for co-travelers to share the ride with shortly before the train departure …. The bargaining behavior resembles the Ultimatum game to the extent that proposers request a fixed price for a shared ride … positions of the bargaining parties are hardly symmetric and the formation of the full group is not guaranteed. Using a simple …

show that a profit tax and a transaction tax have opposite implications for equilibrium outcome in bargaining. A marginal …

This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders' fairness attitudes … in isolated bilateral bargaining. …