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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.
Warntjen, Andreas
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Many unions in the United States have for several years engaged in what is known as pattern bargaining. In this article, we show that pattern bargaining is preferred by a union to both simultaneous industry‐wide negotiations and sequential negotiations without a pattern. Allowing for interfirm productivity differentials within an industry, we show that
Robert Marshall, Antonio Merlo
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Nash bargaining in ordinal environments [PDF]
We analyze the implications of Nash’s (1950) axioms in ordinal bargaining environments; there, the scale invariance axiom needs to be strenghtened to take into account all order-preserving transformations of the agents’ utilities.
AE Roth +11 more
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Individual vs. Collective Bargaining in the Large Firm Search Model [PDF]
We analyze the welfare and employment effects of different wage bargaining regimes. Within the large firm search model, we show that collective bargaining affects employment via two channels.
Bauer, Christian, Lingens, Jörg
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Bargaining over a finite set of alternatives [PDF]
We analyze bilateral bargaining over a finite set of alternatives. We look for “good” ordinal solutions to such problems and show that Unanimity Compromise and Rational Compromise are the only bargaining rules that satisfy a basic set of properties.
A Rubinstein +16 more
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Hart, Sergiu, Mas-Colell, Andreu
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Client-contractor bargaining on net present value in project scheduling with limited resources [PDF]
The client-contractor bargaining problem addressed here is in the context of a multi-mode resource constrained project scheduling problem with discounted cash flows, which is formulated as a progress payments model.
Baroum +35 more
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Self-Serving Biases in Bargaining [PDF]
There is strong evidence that in bargaining situations with asymmetric outside options people exhibit self-serving biases concerning their fairness judgements.
Kohnz, Simone
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Jackpot Justice: The Value of Inefficient Litigation [PDF]
Litigation seems to be a Pareto-ineffcient outcome of pretrial bargaining; however, this paper shows that litigation can be the outcome of rational behavior by a litigant and her attorney.
Zhou, Jun
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Alternating-Offer Bargaining Games over the Gaussian Interference Channel [PDF]
This paper tackles the problem of how two selfish users jointly determine the operating point in the achievable rate region of a two-user Gaussian interference channel through bargaining.
Erkip, Elza, Liu, Xi
core

