The role of mediators in compensation negotiations between gainers and losers
Langue
EN
Article de revue
Ce document a été publié dans
Economics Bulletin. 2023-06-30, vol. 43, n° 2, p. 830-841
Résumé en anglais
This article aims at modelling compensation between gainers and losers as a system of bilateral bargaining games involving one or two mediators when unanimity is required for the implementation of an economic policy. Results ...Lire la suite >
This article aims at modelling compensation between gainers and losers as a system of bilateral bargaining games involving one or two mediators when unanimity is required for the implementation of an economic policy. Results show that there is no unanimity on the choice of negotiation protocol due to the conflicting interests between gainers and losers. But if we assume that the mediators have the choice of the protocol, they always prefer simultaneous rather than stackeberg Nash-in-Nash negotiations.< Réduire
Mots clés en anglais
Nash-in-Nash negotiation
Nash bargaining solution
Gainers
Losers
Unités de recherche