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Chun, Kyung Nok; Schaller, Zachary; Skaperdas, Stergios - 2020

Strikes, just as other types of conflict, used to be difficult to explain from an economic perspective. Initially, it was thought that they were a result of mistakes or irrationality. Then, during the 1980s an explosion of research brought asymmetric information to prominence as a significant...

Persistent link: https://www.econbiz.de/10012299563

Balance of power and the propensity of conflict

Herbst, Luisa; Konrad, Kai A.; Morath, Florian - 2015

experimental results suggest: In a simple bargaining game with an exogenous mediation proposal, the likelihood of conflict is … independent of the balance of power. If bargaining involves endogenous demand choices, however, the likelihood of conflict is … higher if power is more imbalanced. Even though endogenous bargaining outcomes reflect the players' unequal fighting …

Persistent link: https://www.econbiz.de/10011576771

North-South climate change negotiations : a sequential game with asymmetric information

Caparrós Gass, Alejandro; Pereau, Jean-Christophe; … - 2003

This article determines the conditions under which the Southern countries should act together, or separately, while negotiating with the North about climate change policy and about the conditions for future Southern engagement. The paper models the international negotiations with complete and...

Persistent link: https://www.econbiz.de/10011589628

Negotiation across multiple issues

Gayer, Gabrielle; Persitz, Dotan - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 3, pp. 937-969

In the present work, agreement on allocation of payments from multiple issues requires unanimous consent of all parties involved. The agents are assumed to know the aggregate payoffs but do not know their decomposition by issues. This framework applies to many real-world problems, such as the...

Persistent link: https://www.econbiz.de/10011671885

Moral entitlements and aspiration formation in asymmetric bargaining : experimental evidence from Germany and China

Hennig-Schmidt, Heike; Walkowitz, Gari - In: Games 8 (2017) 4, pp. 1-25

Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...

Persistent link: https://www.econbiz.de/10011771180

Time preferences and bargaining

Schweighofer-Kodritsch, Sebastian - 2017

This paper presents an analysis of general time preferences in the canonical Rubinstein (1982) model of bargaining …

Persistent link: https://www.econbiz.de/10011705183

On time-inconsistency in bargaining

Kodritsch, Sebastian - Abteilung "Verhalten auf Märkten", … - 2014

This paper analyzes dynamically inconsistent time preferences in Rubinstein's (1982) seminal model of bargaining. When … exogenous breakdown risk, as well as in settings of intergenerational bargaining with imperfect altruism. The paper's main …

Persistent link: https://www.econbiz.de/10010955336

Negotiating constitution for political unions

Kumar, Vikas - Indira Gandhi Institute of Development Research (IGIDR) - 2008

This paper provides a cradle-to-grave model for political union between two unequally endowed states. We introduce negotiated, contested, and time-consistent contested constitutions to address various classes of merger problems. Merger agreement is shown to be path dependent and, in some cases,...

Persistent link: https://www.econbiz.de/10005342048

Conflict as a Part of the Bargaining Process: Theory and Empirical Evidence

Sanchez-Pages, Santiago - School of Economics, University of Edinburgh - 2004

This paper explores the role of conflict as a bargaining tool. It first presents a simple bargaining model with one … bargaining position by fighting. The second part of the paper performs a duration analysis on a sample of colonial and imperial …

Persistent link: https://www.econbiz.de/10005086773

A theory of agreements in the shadow of conflict

Esteban, Joan; Sakovics, Jozsef - School of Economics, University of Edinburgh - 2005

We present a novel approach to N-person bargaining based on the idea that the agreement reached in a negotiation is … bargaining problem, a weak axiom based on individual rationality leads to a unique solution: the agreement in the shadow of …

Persistent link: https://www.econbiz.de/10005147096