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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …