and economically important impact on renegotiation behavior that goes beyond the effect of contracts on bargaining … threatpoints. We compare situations in which an initial contract is renegotiated to strategically equivalent bargaining situations … lower than in strategically equivalent bargaining situations without an initial contract. Moreover, buyers are more likely …

-management bargaining, pretrial negotiations, and international negotiations. I compute the set of interim incentive efficient mechanisms …This paper considers social contracts (or mechanisms) in negotiations with incomplete information in which an outside …, the ex ante incentive efficient mechanism, as well as the neutral bargaining solution. I numerically illustrate that 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 …

We examine the role of competition and mergers in bargaining by embedding a performance game, in which retail prices … are determined by competition, into an axiomatic bilateral bargaining model, in which suppliers and retailers negotiate … wholesale terms. We prove existence and uniqueness of what we call the Nash-in-Shapley bargaining solution when threat points …

surplus is more equitable compared to the case with a purely selfish worker. Moreover, the optimal contract with bargaining … approaches the welfare-optimal contract as the parties' bargaining power converges. Our results help explain why workers are … imply that raising the bargaining power of the less powerful party may increase welfare …