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Persistence of Power: Repeated Multilateral Bargaining
2016In a variety of settings, budgets are set by a committee that interacts repeatedly over many budget cycles. To capture this, we study a model of repeated multilateral bargaining by a budget committee. Our focus is on the transition of agenda setting power from one cycle to the next, and how such considerations affect bargaining and coalition formation ...
Agranov, Marina +5 more
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Representing Interactional Judgments in Multilateral Bargaining
Small Group Research, 1996In face-to-face bargaining, one usuallyfinds a large variety of actions that are not explainable and sometimes not even compatible with the usual rationality assunmptions of the actors. It is widely accepted that bounded rationality approaches are more appropriate for such settings.
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Cheap-Talk, Back-Room Deals and Multilateral Bargaining
SSRN Electronic Journal, 2013Recently, both theoretical and experimental literatures have incorporated the ability of strategic players to communicate verbally prior to choosing their actions. We design an experiment to show how and why presence and type of communication matters. We use a multilateral bargaining setting, and focus on the specific strategic setup of the "divide-a ...
Marina Agranov, Chloe Tergiman
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Search with Multilateral Bargaining [PDF]
Wage determination plays a key role in labor market search models and recent evidence suggests workers' and firms' alternative employment opportunities matter. This paper develops the first search model that, to the best of my knowledge, incorporates multilateral bargaining between multiple firms and multiple workers.
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Learning in a multilateral bargaining experiment
Journal of Econometrics, 2009zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Bargaining order and delays in multilateral bargaining with asymmetric sellers [PDF]
In a multilateral bargaining problem with one buyer and two heterogeneous sellers owning perfectly complementary units, we find that there exists an equilibrium which leads to inefficient delays when the buyer negotiates with the higher-valuation seller first and where players are extremely impatient.
Amit Kumar Maurya, Shubhro Sarkar
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Bargaining order and delays in multilateral bargaining with heterogeneous sellers
Mathematical Social Sciences, 2016zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Multilateral Bargaining with Proposer Selection Contest
2020This study investigates the competition to be selected as the proposer in a subsequent multilateral bargaining game experimentally. The experimental environment varies in two dimensions: reservation payoffs (homogeneous or heterogeneous) and information on the extent of each subject’s investment in the competition (public or private).
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Inefficient Markov perfect equilibria in multilateral bargaining
Economic Theory, 2003zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Economic Experimental Results on Multilateral Bargaining
1992In a companion series of papers, we have described a new bargaining institution and the design of laboratory experiments to assess its performance (see Rausser and Simon [1991] and Harrison and Simon [1991]). In this paper we describe and evaluate the first series of pilot experiments.
Harrison, Glenn +2 more
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