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The role of mediators in compensation negotiations between gainers and losers
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EN
Article de revue
Este ítem está publicado en
Economics Bulletin. 2023-06-30, vol. 43, n° 2, p. 830-841
Resumen en inglés
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 ...Leer más >
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.< Leer menos
Palabras clave en inglés
Nash-in-Nash negotiation
Nash bargaining solution
Gainers
Losers
Centros de investigación