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in this class combine three attractive features: they are defined on the entire domain of convex n-person bargaining …
Persistent link: https://www.econbiz.de/10011422235
The relevance of bargaining to everyday life can easily be ascertained, yet the study of any bargaining process is … on some dimensions of the bargaining process - asymmetries and uncertainties in particular - by using a non … most economic situations, uncertainty crucially affects also bargaining processes. Therefore, in our analysis, we introduce …
Persistent link: https://www.econbiz.de/10010312580
payoffs of a game where each player faces the possibility of bargaining at random against any other player. In the kooperative …
Persistent link: https://www.econbiz.de/10010318958
indices, both institutions are assumed to act strategically. Predicted bargaining outcomes of the crucial Conciliation stage …
Persistent link: https://www.econbiz.de/10010284909
union. Applying the (asymmetric) Nash bargaining solution, we find that under reasonable conditions, it is beneficial for at … tariff unions. -- Trade-union formation ; wage-employment bargains ; Nash bargaining solution ; industry and professional …
Persistent link: https://www.econbiz.de/10003763197
in this class combine three attractive features: they are defined on the entire domain of convex n-person bargaining …
Persistent link: https://www.econbiz.de/10009526199
We present a dynamic over-the-counter model of the fed funds market, and use it to study the determination of the fed funds rate, the volume of loans traded, and the intraday evolution of the distribution of reserve balances across banks. We also investigate the implications of changes in the...
Persistent link: https://www.econbiz.de/10010227278
makers , understanding of the final stage of the procedure bargaining in the Conciliation Committee is crucial. Here, EP and … bargaining theory to predict inter-institutional agreements in the Conciliation Committee, it turns out that although …
Persistent link: https://www.econbiz.de/10011509443
In this paper we derive an explicit model of negotiations between spouses when utility is (partially) transferable only in case of separation. We show that inefficient separation may occur in equilibrium even under consensual divorce law. This provides theoretical support for the view that...
Persistent link: https://www.econbiz.de/10011406635
indices, both institutions are assumed to act strategically. Predicted bargaining outcomes of the crucial Conciliation stage …
Persistent link: https://www.econbiz.de/10010261094