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: | Goswani, G, Noe, T, Wang, J |
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Format: | Working paper |
Jezik: | English |
Izdano: |
Oxford Finance
2008
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