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...

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Hlavní autoři: Goswani, G, Noe, T, Wang, J
Médium: Working paper
Jazyk:English
Vydáno: Oxford Finance 2008