Bargaining over a jointly produced pie: The effect of the production function on bargaining outcomes

B-Tier
Journal: Games and Economic Behavior
Year: 2022
Volume: 134
Issue: C
Pages: 169-198

Authors (4)

Takeuchi, Ai (not in RePEc) Veszteg, Róbert F. (Waseda University) Kamijo, Yoshio (Waseda University) Funaki, Yukihiko (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

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

Abstract

Using experimental data, we show that the characteristics of the joint production process have a notable impact on the distribution of bargaining agreements. The setting in which the jointly produced surplus is expressed to be proportional to individual inputs leads to significantly more proportional bargaining agreements. This is in contrast to the setting in which the surplus is expressed as an additive constant, where bargaining agreements are more in line with the Nash bargaining solution.

Technical Details

RePEc Handle
repec:eee:gamebe:v:134:y:2022:i:c:p:169-198
Journal Field
Theory
Author Count
4
Added to Database
2026-01-25