Buying up the block: An experimental investigation of capturing economic rents through sequential negotiations.
This paper develops and experimentally implements a simple multi-negotiation bargaining game, in which one agent, called the “developer,” must reach agreements with a series of other agents, called “landowners,” in order to implement a valueincreasing project. The game has a unique subgame perfect N...
| Main Authors: | , , |
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| Format: | Working paper |
| Language: | English |
| Published: |
Oxford Finance
2008
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