Bargaining Structure, Fairness and Efficiency

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Release : 2000
Genre : Negotiation
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Bargaining Structure, Fairness and Efficiency - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bargaining Structure, Fairness and Efficiency write by Matthew Rabin. This book was released on 2000. Bargaining Structure, Fairness and Efficiency available in PDF, EPUB and Kindle.

Fairness and Bargaining Efficiency Under Deadlines

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Release : 2023
Genre :
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Fairness and Bargaining Efficiency Under Deadlines - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fairness and Bargaining Efficiency Under Deadlines write by Masahiro Yoshida. This book was released on 2023. Fairness and Bargaining Efficiency Under Deadlines available in PDF, EPUB and Kindle. Monopolists often exploit a deadline to boost their bargaining power, but historically, experiments document significant compromises in ultimatums. Motivated by this gap between theory and the real world, I explore whether the market designer can leverage the fairness of the monopolist to restore the extracted bargaining efficiency. Employing a durable goods monopolist model under a deadline, I show that a threat of an earlier breakdown facilitates a trade by triggering a compromise even from the rational monopolist. I test these insights in approximately 1,200 pieces of randomly matched trade data from a laboratory experiment to find that the threat device is even more robustly effective; a non-zero threat augments the overall efficiency from shrinking delays until agreement and deterring breakdowns by inciting the fairness of monopolists.

Public Sector Bargaining

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Release : 1975
Genre : Collective bargaining
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Public Sector Bargaining - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Public Sector Bargaining write by Robert Emmett Doherty. This book was released on 1975. Public Sector Bargaining available in PDF, EPUB and Kindle.

Fairness, Collective Bargaining, and Incomes Policy

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Release : 1982
Genre : Business & Economics
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Fairness, Collective Bargaining, and Incomes Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fairness, Collective Bargaining, and Incomes Policy write by Paul Willman. This book was released on 1982. Fairness, Collective Bargaining, and Incomes Policy available in PDF, EPUB and Kindle. Study of wages fairness, collective bargaining behaviour and incomes policy in the UK - based on case studies (1976 and 1977) of two bargaining units, discusses wage differentials, wage increases, differences in wage determination methods, employees attitudes and the role of the trade unions (AUEW) and shop stewards. Bibliography, graphs, questionnaire and statistical tables.

Fairness in Bargaining and Markets

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Release : 2009-07-25
Genre : Business & Economics
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Book Rating : 537/5 ( reviews)

Fairness in Bargaining and Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fairness in Bargaining and Markets write by Christian Korth. This book was released on 2009-07-25. Fairness in Bargaining and Markets available in PDF, EPUB and Kindle. This book focuses on economic bargaining theory. Economic bargaining theory seeks to predict the outcomes of bargaining situations. In such situations, govern ments, ?rms, or individuals share a mutual interest in cooperation; however, they also have con?icting interests regarding the terms of an agreement. A classic ex ample of such a situation is wage bargaining between unions and employers. More commonplace examples also exist. For instance, a discussion between partners on how to spend an evening can be understood as a bargaining situation. Economic bargaining theory explores the relationship between bargaining situ ations and the outcomes of the bargaining. Economists have two primary reasons to show interest in this relationship. The ?rst reason is that many important human interactions, including economic interactions, are bargaining situations. The second reason is that the understanding of these situations may inform the economic theory of markets. The tool utilized in this study is the mathematical theory of games. Predictions for bargaining outcomes are developed by modeling the bargaining situation as a strategic game and using game theoretic equilibrium concepts in order to solve the game. In this approach, the speci?c identi?ed bargaining outcome depends on the assumptions underlying the model. The neoclassical and fundamental assumption is that of rational agents—called economic men—who strive to maximize their utility based on stable preferences.