Intermediation and resale in networks

M Manea - Journal of Political Economy, 2018 - journals.uchicago.edu
I study intermediation via sequential bilateral bargaining in markets with a network structure.
A partition of the network into layers captures intermediation power. Competition governs …

Payoff uncertainty, bargaining power, and the strategic sequencing of bilateral negotiations

S Krasteva, H Yildirim - The RAND Journal of Economics, 2012 - Wiley Online Library
This article investigates the sequencing choice of a buyer who negotiates with the sellers of
two complementary objects with uncertain payoffs. The possibility of inefficient trade may …

Mechanism design for land acquisition

S Sarkar - International Journal of Game Theory, 2017 - Springer
We consider the issue of designing Bayesian incentive-compatible, efficient, individually
rational and balanced mechanisms for Land Acquisition. This is a problem of great practical …

[PDF][PDF] Intermediation in networks

M Manea - Working Paper, 2013 - Citeseer
We study intermediation in markets with an underlying network structure. A good is resold
via successive bilateral bargaining between linked intermediaries until it reaches one of …

Sequential vote buying

Y Chen, J Zapal - Journal of Economic Theory, 2022 - Elsevier
To enact a policy, a leader needs votes from q committee members with heterogeneous
opposition intensities. She sequentially offers transfers in exchange for votes. The transfers …

[HTML][HTML] Expropriation power in private dealings: Quota rule in collective sales

M Uyanik, D Yengin - Games and Economic Behavior, 2023 - Elsevier
Complementarity is common in land-assembly problems, such as a developer buying the
entirety of apartment units to complete a development project. Holdout (delay or block of …

Fairness and Transparency in One-to-Many Bargaining with Complementarity: An Experimental Study

V Mak, R Zwick - Games, 2024 - mdpi.com
We report an experiment designed to study bargaining behavior between one buyer and
multiple sellers with complementarity and how it is influenced by fairness concern and …

Bargaining in endogenous trading networks

M Bedayo, A Mauleon, V Vannetelbosch - Mathematical Social Sciences, 2016 - Elsevier
We study a model in which heterogeneous agents first form a trading network where linking
costs are positive but infinitesimally small. Then, a seller and a buyer are randomly selected …

The impact of bargaining delays under the threat of eminent domain

JE Portillo - Journal of Regional Science, 2018 - Wiley Online Library
Developers seeking to assemble complementary parcels of land will likely encounter
strategic behavior by landowners. Using a property‐level data set from Florida's Department …

Sequencing bilateral negotiations with externalities

J Munster, M Reisinger - 2021 - papers.ssrn.com
In bilateral negotiations between a principal and two agents, we show that the agents'
bargaining strengths are crucial for the determination of the bargaining sequence and the …