Dynamic Outside Options and Optimal Negotiation Strategies

A McClellan - American Economic Review, 2024 - pubs.aeaweb.org
We study the design of negotiation strategies when a principal and agent must decide how
to split a pie while the agent's outside option changes over time. The principal's optimal …

Smart contracts and the coase conjecture

T Brzustowski, A Georgiadis-Harris… - American Economic …, 2023 - aeaweb.org
This paper reconsiders the problem of a durable-good monopolist who cannot make
intertemporal commitments. The buyer's valuation is binary and his private information. The …

Bargaining and news

B Daley, B Green - American Economic Review, 2020 - aeaweb.org
We study a bargaining model in which a buyer makes frequent offers to a privately informed
seller, while gradually learning about the seller's type from “news.” We show that the buyer's …

Dynamic bargaining with private information

W Fuchs, A Skrzypacz - Bargaining: Current Research and Future …, 2022 - Springer
We discuss a few recent theoretical papers studying the dynamics of negotiations. Our focus
is on recent papers that describe bargaining “outside the void.” That is papers that model …

Optimal mechanism for the sale of a durable good

L Doval, V Skreta - Theoretical Economics, 2024 - Wiley Online Library
A buyer wishes to purchase a durable good from a seller who in each period chooses a
mechanism under limited commitment. The buyer's value is binary and fully persistent. We …

Privacy in bargaining: The case of endogenous entry

IN Chaves - Available at SSRN 3420766, 2019 - papers.ssrn.com
I study the role of privacy in bargaining. A seller makes offers every instant, without
commitment, to a privately informed buyer. Potential competing buyers (entrants) can …

One‐sided uncertainty and delay in reputational bargaining

D Abreu, D Pearce, E Stacchetti - Theoretical Economics, 2015 - Wiley Online Library
A two‐person infinite‐horizon bargaining model where one of the players may have either of
two discount factors, has a multiplicity of perfect Bayesian equilibria. Introducing the slightest …

Differentiated durable goods monopoly: a robust Coase conjecture

F Nava, P Schiraldi - American Economic Review, 2019 - aeaweb.org
The paper analyzes a durable goods monopoly problem in which multiple varieties can be
sold. A robust Coase conjecture establishes that the market eventually clears, with profits …

List price and discount in a stochastic selling process

ZE Ning - Marketing Science, 2021 - pubsonline.informs.org
From B2B sales to AI-powered ecommerce, one common pricing mechanism is “list price–
discount”: The seller first publishes a (committed) list price, then during interactions with a …

Learning from manipulable signals

M Ekmekci, L Gorno, L Maestri, J Sun… - American Economic …, 2022 - aeaweb.org
We study a dynamic stop** game between a principal and an agent. The principal
gradually learns about the agent's private type from a noisy performance measure that can …