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dynamics of international climate negotiations is undertaken by relaxing various assumptions of the model and examining the …
Persistent link: https://www.econbiz.de/10014196925
Negotiations between buyers and suppliers that require sharing cost details to identify profitable relationship …
Persistent link: https://www.econbiz.de/10014048268
organizing, collective negotiations, and enforcement of the collective agreement, both sides have incentives to act strategically … representing collective negotiations, which demonstrates that strategic behavior may be individually rational for each party to … for the government to structure the conduct of organizing, collective negotiations, and enforcement of the collective …
Persistent link: https://www.econbiz.de/10014065236
Behavioral and economic analysis of law fundamentally depends on understanding what motivates individual actors. While it is often assumed that people care only about maximizing their own monetary payoff, recent experimental work has challenged this assumption. A canonical example involves...
Persistent link: https://www.econbiz.de/10014166293
bilateral negotiations, which we call the recursive Nash-in-Nash bargaining solution. The main difference between this … bargaining payoffs given that all other negotiations happen with recognition of this disagreement rather than the equilibrium …
Persistent link: https://www.econbiz.de/10012894456
Axiomatic bargaining theory (e.g., Nash's theorem) is static. We attempt to provide a dynamic justification for the theory. Suppose a Judge or Arbitrator must allocate utility in an (infinite) sequence of two-person problems; at each date, the Judge is presented with a utility possibility set in...
Persistent link: https://www.econbiz.de/10011694978
This paper defines "negotiation-proof Nash equilibrium", a notion that applies to environments where players can negotiate openly and directly prior to the play of a noncooperative game. It recognizes the possibility that a group of self-interested players may choose, voluntarily and without...
Persistent link: https://www.econbiz.de/10014139588
We apply the aggregation property of Identical Shape Harmonic Absolute Risk Aversion (ISHARA) utility functions to analyze the comparative statics properties of a bargaining model with uncertainty. We identify sufficient and necessary conditions under which an increase in one's degree of risk...
Persistent link: https://www.econbiz.de/10014170653
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