Showing 61 - 70 of 178,676
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 …
Persistent link: https://www.econbiz.de/10013002376
This paper endogenizes policymaking procedures in a multilateral bargaining framework. A procedure specifies players …' proposal power in bargaining over one-dimensional policies. In procedural bargaining players internalize the procedures …' effects on subsequent policy bargaining. In policy bargaining players' utilities are strictly concave and order …
Persistent link: https://www.econbiz.de/10013007522
threat) and that he will leave the bargaining table unless his demand is accepted (exit threat). This paper investigates the … for one of the players has two main effects: (1) it renders the deal unique and efficient, and (2) shifts the bargaining …
Persistent link: https://www.econbiz.de/10013014127
In bargaining theory a usual assumption is either that of von Neumann-Morgenstern utility functions or that of … continuous preferences. Recently we considered in Glycopantis a bargaining model which breaks away from this traditional … treatment by employing lexicographic preferences of a antagonistic type. In the present note we consider a bargaining model with …
Persistent link: https://www.econbiz.de/10012861824
To analyze players' strategic alliance behavior, we introduce a new noncooperative coalitional bargaining model, in … transferable utility game, or a veto player in a simple game, in preventing efficient outcomes and we show that delay in bargaining … generically occurs. In an application to legislative bargaining with vote buying, if a veto player and a non-veto player coexist …
Persistent link: https://www.econbiz.de/10012922042
This paper studies an allocation procedure for coalitional games with veto players. The procedure is similar to the one presented by Arin and Feltkamp (2007), which is based on Dagan et al. (1997). A distinguished player makes a proposal that the remaining players must accept or reject, and...
Persistent link: https://www.econbiz.de/10013036720
We analyze a dynamic model of bargaining and war with rich sets of strategic options. There are two states located on a … over objects that influence future bargaining power. That is, it is valuable to have more territory, not only because it … brings higher utility, but also because it increases future bargaining power, as it can be used to generate military …
Persistent link: https://www.econbiz.de/10013322063
It is well known that delegating the play of a game to an agent via incentive contracts may serve as a commitment device and hence provide a strategic advantage. Previous literature has shown that any Nash equilibrium outcome of an extensive-form principals-only game can be supported as a...
Persistent link: https://www.econbiz.de/10012001777
This study proposes a non-cooperative coalitional bargaining game model to analyse wage negotiations between one … externalities are more positive, there exists a grand-coalition SSPE of the bargaining game for any discount factor. However, if the … provide a sufficient condition for an SSPE to exist, in which each worker selects separate negotiations with the employer …
Persistent link: https://www.econbiz.de/10012996131
I derive a refinement of sequential equilibria of a noncooperative bargaining game when one player has incomplete … information about the time preference of the other player. I show that if the types for this latter player are drawn from some …
Persistent link: https://www.econbiz.de/10014237072