Alliances and negotiations

成果类型:
Article
署名作者:
Manzini, P; Mariotti, M
署名单位:
University of London; Queen Mary University London
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/j.jet.2004.03.003
发表日期:
2005
页码:
128-141
关键词:
alliances multiperson bargaining
摘要:
Negotiations often occur not between individuals but among groups (companies, trade unions, political parties, etc.) each representing composite interests, whose bargaining behaviour is regulated by some collective decision mechanism. In this paper we provide a natural model of such circumstances. We formalise the notion of 'alliance' and show how different preference aggregation procedures within the alliance affect the bargaining outcome. In particular, we find that unanimity procedures lead to 'more aggressive' negotiating tactics than majority procedures. (C) 2004 Elsevier Inc. All rights reserved.
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