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We develop a private-information model of union contract negotiations in which disputes signal a firm’s willingness to pay. Previous models have assumed that all labor disputes take the form of a st...
The role of strategic delay is analyzed in an infinite-horizon alternating-offer model of bargaining. A buyer and seller are engaged in the trade of a single object. Both bargainers have private info...
Bargaining and the Value of Money     Money  Bargaining  Search  Inflation       2015/9/18
Search models of monetary exchange have typically relied on Nash (1950) bargaining, orstrategic games that yield an equivalent outcome, to determine the terms of trade. By considering alternative axio...
Fairness in bargaining     Ultimatum game  Fairness  Bargaining       2015/7/23
We consider new three player games to test existing models of fairness. Our games consist of aproposer who offers an allocation of $10 between two players, either himself and the responder or the resp...
This study quanti es the eciency of a real-world bargaining game with two-sided incomplete information. Myerson and Satterthwaite (1983) and Williams (1987) derived the theoretical ecient frontier ...
This paper presents a new non-cooperative approach to multilateral bargaining. We consider a demand game with the following additional ingredients: (i) there is an exogenous deadline, by which bargai...
We study the framing effects of communication in multiparty bargaining. Communication has been shown to be more truthful and revealing than predicted in equilibrium. Because talk is preference-reveali...
Of all the OPEC nations, Nigeria competed most directly with the British, as both countries produced oil of similar grade and sold that oil predominantly to the European market+ During the two-year ...
We present a legislative bargaining model of the provision of a durable public good over an in nite horizon. In each period, there is a societal endowment which can either be invested in the public g...
The key theoretical idea in this paper is that activist groups contribute resources to their favored parties in response to policy concessions from the parties. These resources are then used by a part...
《Handbook of Game Theory with Economic Applications》Chapter 18 The bargaining set, kernel, and nucleolus。

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