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We introduce a form of pre-play communication that we call "preopening". During the preopening, players announce their tentative actions to be played in the underlying game. Announcements are made using a posting system which is subject to stochastic failures. Posted actions are publicly...
Persistent link: https://www.econbiz.de/10011257235
bargaining frontier. However, when players have different time preferences, intertemporal trade may lead to continuation payoffs … above the bargaining frontier. We provide a thorough study of this problem without imposing the conventional assumption. Our …
Persistent link: https://www.econbiz.de/10011257339
</I> (2011), Vol. 73, pp.507–516.<P> We study a bargaining model with a disagreement game between offers and counteroffers. In …
Persistent link: https://www.econbiz.de/10011257375
ex post bargaining phase in which the managers can agree on theproject which maximize their joint private benefit. Our … model shows the share of co-operative surplus the managers can get from bargaining and their default pay off playsa key role …
Persistent link: https://www.econbiz.de/10011257483
relationships depended on the bargaining outcomes. Depth interviews were employed in order to explore the success, the failure, and … the consequent actions in dyadic bargaining under the condition of one buyer and one seller. Ten international respondents … this kind of product. During the interviews, author found that confident interviewees shared their successful bargaining …
Persistent link: https://www.econbiz.de/10011258087
Most of the economic literature on bargaining has focused on situations where the set of possible outcomes is taken as … before they bargain over which of them is selected. Our objective is to understand how different bargaining institutions … affect the incentives to disclose possible solutions to the bargaining problem, where inefficiency may arise when both …
Persistent link: https://www.econbiz.de/10008854532
Although decentralization is often modeled as an outcome of bargaining over rents and poli-cies, intuitively it seems … importance of the “real” political actions versus the changes of symbolic nature in the bargaining over devolution and secession … gestures made by regional governments in the earlier bargaining process on appointments, even if the actual devolution policies …
Persistent link: https://www.econbiz.de/10008855794
both the regulatory mechanism and the side con- tracting between the agency and the firm are modelled as a bargaining … information, which is now equal to the standard informational rent weighted by the agency’ bargaining power. This in turn a … bargaining power. Then, we focus on the optimal organizational responses to the possibility of collusion. In our setting, where …
Persistent link: https://www.econbiz.de/10008860728
duopoly and bilateral monopoly are used to show the MRS's explicitly in the mathematical structure of the bargaining game. We …
Persistent link: https://www.econbiz.de/10010891942
such procurement is an English auction followed by an auctioneer's option to engage in ultimatum bargaining with the winner …
Persistent link: https://www.econbiz.de/10010892087