This paper describes the basic laboratory experiment design that has been developed to assess a new Multilateral Bargaining institution that may be used for trade negotiations. Our overall objective is to implement a series of laboratory experiments that tests the ability of this institutions to...

We employ a numerical equilibrium model to evaluate the payoffs to agricultural and non-agricultural interests in the EC and the US. A government objective function for each region is calibrated as a weighted sum of the payoffs to the two interest groups with weights corresponding to the...

Is it possible to design a bargaining institution that will substantially improve the international trade negotiations conducted in a multilateral basis? Rausser and Simon [1991] propose a multilateral bargaining (MB) institution which has many attractive theoretical properties, and which...

The authors model the static and steady-state effects on trade, production, and market structure of completion of the European Union's (EU's) internal market. The impetus for change comes from the removal of border costs and the costs of producing to different national standards. It also comes...

In a companion series of papers, we have described a new bargaining institution and the design of laboratory experiments to assess its performance (see Rausser and Simon [1991] and Harrison and Simon [1991]). In this paper we describe and evaluate the first series of pilot experiments. In...

This paper describes the basic laboratory experiment design that has been developed to assess a new Multilateral Bargaining institution that may be used for trade negotiations. Our overall objective is to implement a series of laboratory experiments that tests the ability of this institutions to...

We employ a numerical equilibrium model to evaluate the payoffs to agricultural and non-agricultural interests in the EC and the US. A government objective function for each region is calibrated as a weighted sum of the payoffs to the two interest groups with weights corresponding to the...

Experimental methods are central to assessments of environmental valuation approaches that are operationally meaningful. Existing lab experiments focus attention sharply on the neglect of hypothetical bias. They also offer constructive solutions to correct this bias, and beg for validation in...