bargaining taking various forms, including two-party negotiations of different types and multiparty housing auctions. The chapter … matching, and directed search models. It also examines the bargaining that takes place once a match has occurred, with the … bargaining process, the nature of competition and entry in the brokerage industry, and the incentive issues that are present. The …

bilateral bargaining process. We demonstrate that home sellers and home buyers follow different rounding-off heuristics. While … bilateral bargaining behavior in the U.S. housing market …

This paper argues that the notion of focal points is important in understanding bargaining processes. Recent literature … confines a discussion of the usefulness of the notion to coordination problems and when bargaining experiments result in … equal split division and it re-interprets recent experimental evidence in bargaining games. Experimental economists should …

seller values. Our estimates indicate equal bargaining power in negotiations, that auctions mostly reflect buyers' values and … shocks to prices differently and, in light of auction and bargaining theories, suggest price momentum originates in sluggish …