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...

Полное описание

Библиографические подробности
Главные авторы: Goswani, G, Noe, T, Wang, J
Формат: Working paper
Язык:English
Опубликовано: Oxford Finance 2008