Cadigan, John; Schmitt, Pamela; Shupp, Robert; Swope1, … - In: Southern Economic Journal 76 (2009) 2, pp. 344-457
parcels of land. We use experimental methods to examine holdout behavior in a laboratory bargaining game that involves multi …-person groups, complementary exchanges, and holdout externalities. The results of six treatments that vary the bargaining … institution, number of bargaining periods, and cost of delay demonstrate that holdout is common across institutions and is, on …