We conduct a series of laboratory experiments to understand what role commitment and reputation play in bargaining. The … experiments implement the Abreu and Gul (2000) bargaining model that demonstrates how introducing behavioral types, which are …. Overall, the results suggest that the Abreu and Gul (2000) model can be used to gain insights to bargaining behavior …

We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …

A new feature pertaining to proposer's ability to implement offers is introduced in the extensive form bargaining … Bargaining Solution. For strictly supermodular games, Core is a binding constraint on Nash Bargaining Solution while for the …

the new product using the normatively appealing Nash bargaining solution (see Nash, 1950). In our model the disagreement … payoffs endogenously depend on the contest outcome. More precisely, a bargaining advantage is given to the leading worker in …

for the existence of an efficient equilibrium in coalitional bargaining with externalities and renegotiations," Operations …

Using a sequential model of multilateral bargaining involving one buyer and two sellers, who are selling objects which … are imperfect compliments for the buyer, we analyse buyer's preferred bargaining order i.e. whether the buyer prefers to … exhibit high degree of complimentarity, multiple equilibria exist such that both the bargaining orders are preferred. For rest …

We consider bilateral non-cooperative bargaining on the division of a surplus. Compared to the canonical bargaining … game in the tradition of Rubinstein, we introduce additional sources of friction into the bargaining process … month, quarter, or year. Bargaining rounds are of non-trivial length, so that counter-others may be made without triggering …

This paper studies Myerson's neutral bargaining solution for a class of Bayesian bargaining problems in which the … foundation of the neutral bargaining solution by characterizing the solution as a unique coherent equilibrium allocation …

This paper examines conditions for stability in bargaining networks. Network formation is endogenized and payoffs are … positive fixed costs per link. It can be shown that for all positive costs link-stable Manea bargaining networks are of degree … autarky levels, the only link stable networks involve bilateral bargaining. The analysis is also extended to Nash stable and …

Negotiation involves determining not only an agreement's price, but also its content, which typically has many aspects …. We model such negotiations and provide conditions under which negotiation leads to efficient outcomes, even in the face … potential surplus, if the set of offers that agents can make when negotiating is sufficiently rich, then negotiation leads the …