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An instrumental perspective on apologizing in bargaining : the importance of forgiveness to apologize
Leunissen, Joost M.; De Cremer, David; Reinders Folmer, … - In: Journal of economic psychology : research in economic … 33 (2012) 1, pp. 215-222
Persistent link: https://www.econbiz.de/10009488920
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Pirates of the Mediterranean : an empirical investigation of bargaining with asymmetric information
Ambrus, Attila; Chaney, Eric; Salitskiy, Igor - In: Quantitative economics : QE ; journal of the … 9 (2018) 1, pp. 217-246
We investigate the effect of delay on prices in bargaining situations using a data set containing thousands of captives …- ing type bargaining model, adjusted to our context, and find that the model fits both the observed prices and acceptance …
Persistent link: https://www.econbiz.de/10011884461
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Incomplete Contract and Divisional Structures
Bao, Te; Wang, Yongqin - Tinbergen Instituut - 2009
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
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Property Rights and Market: Employee Privatization as a Cooperative Bargaining Process
Marco, Marini - Volkswirtschaftliche Fakultät, … - 1996
maximizing the per capita surplus over the wage. The privatization process is then described as a bargaining process between the …
Persistent link: https://www.econbiz.de/10009148015
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Bargaining position, bargaining power, and the property rights approach
Schmitz, Patrick W. - In: Economics Letters 119 (2013) 1, pp. 28-31
collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We … explore the implications of using the generalized Nash bargaining solution. A prominent finding regarding the suboptimality of … to give ownership to a party whose investments are less productive, provided that this party’s ex-post bargaining power …
Persistent link: https://www.econbiz.de/10010662387
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Governance of Professional Sports Leagues - Cooperatives versus Contracts
Dietl, Helmut; Franck, Egon; Hasan, Tariq; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2006
Historically, European team sports leagues were run by their respective national and international associations and were legally independent from the professional clubs playing in these leagues. Recently, European leagues have adopted an organizational form similar to their North American...
Persistent link: https://www.econbiz.de/10010739916
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Agreeing now to agree later: contracts that rule out but do not rule in
Hart, Oliver; Moore, John - London School of Economics (LSE) - 2004
We view a contract as a list of outcomes. Ex ante, the parties commit not to consider outcomes not on the list, i.e., these are "ruled out". Ex post, they freely bargain over outcomes on the list, i.e., the contract specifies no mechanism to structure their choice; in this sense outcomes on the...
Persistent link: https://www.econbiz.de/10010746644
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Bargaining position, bargaining power, and the property rights approach
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2013
collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We … explore the implications of using the generalized Nash bargaining solution. A prominent finding regarding the suboptimality of … to give ownership to a party whose investments are less productive, provided that this party's ex-post bargaining power …
Persistent link: https://www.econbiz.de/10011084329
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Optimal Ownership of Public Goods Reconsidered
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2014
the public project? In an incomplete contracting framework with split-the-difference bargaining, Besley and Ghatak (2001 …
Persistent link: https://www.econbiz.de/10011084400
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Bargaining position, bargaining power, and the property rights approach
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2013
collaborate after non-contractible investments have been made. Most contributions apply the regular Nash bargaining solution. We … explore the implications of using the generalized Nash bargaining solution. A prominent finding regarding the suboptimality of … to give ownership to a party whose investments are less productive, provided that this party's ex-post bargaining power …
Persistent link: https://www.econbiz.de/10011113898