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Strategic Alliances in Coalitional Bargaining

Lee, Joosung - 2018

To analyze players' strategic alliance behavior, we introduce a new noncooperative coalitional bargaining model, in which each player can buy out other players with upfront transfers. We uncover the role of an essential player in a transferable utility game, or a veto player in a simple game, in...

Persistent link: https://www.econbiz.de/10012922042

Characterizing NTU-Bankruptcy Rules Using Bargaining Axioms

Dietzenbacher, Bas - 2018

This paper takes an axiomatic bargaining approach to bankruptcy problems with nontransferable utility by characterizing bankruptcy rules in terms of properties from bargaining theory. In particular, we derive new axiomatic characterizations of the proportional rule, the truncated proportional...

Persistent link: https://www.econbiz.de/10012928186

Contests and negotiation between hubristic players

Long, Iain W. - 2019

Why do contests exist in settings where negotiation provides a costless alternative? I assess a new explanation: parties may be overconfident about their ability or optimistic about their chances of winning. For both parties in a contest, this hubris: (i) reduces the incentive to exit the...

Persistent link: https://www.econbiz.de/10012052378

Bargaining with Non-Monolithic Players

Pereau, Jean-Christophe; Caparros, Alejandro; Tazdait, Tarik - 2005

This paper analyzes strategic bargaining in negotiations between non-monolithic players, i.e., agents starting … negotiations can split up in smaller entities during the bargaining process. We show that the possibility of scission in the … negotiations on global public goods and to wage negotiations …

Persistent link: https://www.econbiz.de/10014027700

Does it Take Three to Make Two Happy? An Experimental Study on Bargaining with Mediation

Schroeter, Kirsten; Vyrastekova, Jana - 2004

all conflict parties. It is the role of a mediator to stimulate communication that leads to mutual understanding of the …Mediation is a conflict resolution method in which a third neutral party provides assistance to the conflict parties …. The process of mediation, as well as any solution to the conflict arising from it, is implemented only by the consent of …

Persistent link: https://www.econbiz.de/10014029218

Dissolving an ambiguous partnership

Oechssler, Joerg; Roomets, Alex - 2023

Two partners try to dissolve a partnership that owns an asset of ambiguous value, where the value is determined ex post by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining mechanisms: unstructured bargaining, the Texas shoot-out,...

Persistent link: https://www.econbiz.de/10014380287

Strategic Communication with a Small Conflict of Interest

Dilme, Francesc - 2019

Crawford and Sobel (1982)'s model when the conflict of interest is small. This exercise allows us to deepen our understanding …

Persistent link: https://www.econbiz.de/10012893298

Sequential bargaining with pure common values

Schweinzer, Paul - 2006

We study the alternating-offers bargaining problem of assigning an indivisible and commonly valued object to one of two players in return for some payment among players. The players are asymmetrically informed about the object's value and have veto power over any settlement. There is no...

Persistent link: https://www.econbiz.de/10010373492

Sequential bargaining with pure common values and incomplete information on both sides

Schweinzer, Paul - 2006

We study the alternating-offer bargaining problem of sharing a common value pie under incomplete information on both sides and no depreciation between two identical players. We characterise the essentially unique perfect Bayesian equilibrium of this game which turns out to be in gradually...

Persistent link: https://www.econbiz.de/10010373493

Blindfolded vs. informed ultimatum bargaining : a theoretical and experimental analysis

Güth, Werner; Pull, Kerstin; Stadler, Manfred; Zaby, … - 2016

This paper analyzes blindfolded versus informed ultimatum bargaining where proposer and responder are both either uninformed or informed about the size of the pie. Analyzing the transition from one information setting to the other suggests that more information induces lower (higher) price...

Persistent link: https://www.econbiz.de/10011458465