Time-varying fairness concerns, delay, and disagreement in bargaining

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2018
Volume: 147
Issue: C
Pages: 115-128

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study an alternating-offers, bilateral bargaining game where players may derive disutility from accepting shares below what they deem as fair. Moreover, we assume that the values they attach to fairness (i.e., their sensitivity to violations of their fairness judgments) decrease over time, as the deadline approaches. Our results offer a new explanation to delays and disagreements in dynamic negotiations. We show that even mutually compatible fairness judgments do not guarantee an immediate agreement. We partially characterize conditions for delay and disagreement, and study the changes in the length of delay in response to changes in the model parameters.

Technical Details

RePEc Handle
repec:eee:jeborg:v:147:y:2018:i:c:p:115-128
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25