منابع مشابه
The Trade-Offs from Pattern Bargaining with Uncertain Production Costs
Pattern bargaining is a negotiating strategy that is often employed by industry-wide unions in oligopolistic industries to set wages. The conventional wisdom is that pattern bargaining “takes labor out of competition” and therefore softens bargaining between the union and firms, resulting in higher industry wide wages. However, this does not explain why firms agree to pattern bargaining. We int...
متن کاملBargaining and Bargaining Sets
We argue that, in exchange economies, various versions of the bargaining set cannot be implemented in Nash equilibrium. We then propose an extensive form mechanism that exactly implements the Aumann–Davis–Maschler bargaining set in subgame perfect equilibrium. The mechanism corresponds closely to the description of the bargaining set and respects feasibility in and out of equilibrium. Journal o...
متن کاملBargaining
This article is a survey on bargaining theory. The focus is the game theoretic approach to bargaining, both on its axiomatic and strategic counterparts. The application of bargaining theory to large markets and its connections with competitive allocations are also discussed. Journal of Economic Literature classification: C7. Bargaining In the simplest definition, we refer to bargaining as a soc...
متن کاملBargaining collectively ∗
Many bargaining situations take place between a central agent and a group of individuals acting collectively where (i) the proposals are restricted to treat all the group members equally, (ii) the decisions of the group are reached through a voting process, and (iii) the vote binds all the members of the group. Examples include debt restructuring negotiations between a troubled company and its ...
متن کاملHard bargaining
nations, including India and China, to make mandatory cuts. The outcome agreed by the US was no specific commitment to the 25–40 per cent cut, only a suggestion in a footnote, and no insistence on a commitment from developing nations. While many welcomed the fact that the US was now on board the climate negotiations, environmental groups and many scientists warned that the agreement was weak an...
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ژورنال
عنوان ژورنال: International Economic Review
سال: 2004
ISSN: 0020-6598,1468-2354
DOI: 10.1111/j.1468-2354.2004.00124.x