Between anchors and aspirations: a new family of bargaining solutions

Simple item page
buir.contributor.authorKaragözoğlu, Emin
buir.contributor.authorKeskin, Kerim
buir.contributor.authorÖzcan Tok, Elif
dc.citation.epage73en_US
dc.citation.issueNumber1-2en_US
dc.citation.spage53en_US
dc.citation.volumeNumber23en_US
dc.contributor.authorKaragözoğlu, Eminen_US
dc.contributor.authorKeskin, Kerimen_US
dc.contributor.authorÖzcan Tok, Elifen_US
dc.date.accessioned2020-02-20T08:07:27Z
dc.date.available2020-02-20T08:07:27Z
dc.date.issued2019-04
dc.departmentDepartment of Economicsen_US
dc.description.abstractWe study the salience and power of reference points in determining the effective anchors and aspirations in bargaining problems. Along this line, we enrich the analysis of the standard bargaining model with two new parameters: the first parameter can be interpreted as the effectiveness (or salience) of the reference point in determining the anchor, whereas the second parameter can be interpreted as its effectiveness in shaping agents’ aspirations. Utilizing these parameters, we provide a unifying framework for the study of bargaining problems with a reference point. The two-parameter family of bargaining solutions we obtain encompasses some well-known solutions as special cases. We offer multiple characterizations for each individual member of this family as well as two characterizations for the whole solution family in bilateral bargaining problems.en_US
dc.identifier.doi10.1007/s10058-019-00220-4en_US
dc.identifier.eissn1434-4750
dc.identifier.issn1434-4742
dc.identifier.urihttp://hdl.handle.net/11693/53446
dc.language.isoEnglishen_US
dc.publisherSpringeren_US
dc.relation.isversionofhttps://dx.doi.org/10.1007/s10058-019-00220-4en_US
dc.source.titleReview of Economic Designen_US
dc.subjectAnchorsen_US
dc.subjectAspirationsen_US
dc.subjectAxiomatic approachen_US
dc.subjectBargaining problemsen_US
dc.subjectBargaining solutionsen_US
dc.subjectDisagreement pointen_US
dc.subjectReference pointen_US
dc.titleBetween anchors and aspirations: a new family of bargaining solutionsen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Between_anchors_and_aspirations_a_new_family_of_bargaining_solutions.pdf
Size:
415.36 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Department of Economics