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

被引:6
|
作者
Karagozoglu, Emin [1 ,2 ]
Keskin, Kerim [3 ]
机构
[1] Bilkent Univ, Ankara, Turkey
[2] CESijo Munich, Munich, Germany
[3] Kadir Has Univ, Istanbul, Turkey
关键词
Bargaining; Deadline effect; Delay; Disagreement; Fairness concerns; Justice sensitivity; RIGHT PREFRONTAL CORTEX; STRATEGIC DELAY; MODEL; UNCERTAINTY; INFORMATION; PREFERENCES; RECIPROCITY; COMPETITION; JUDGMENTS; DEADLINES;
D O I
10.1016/j.jebo.2018.01.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (C) 2018 Elsevier B.V. All rights reserved.
引用
收藏
页码:115 / 128
页数:14
相关论文
共 50 条
  • [21] Passivity of uncertain neural networks with both leakage delay and time-varying delay
    Song, Qiankun
    Cao, Jinde
    NONLINEAR DYNAMICS, 2012, 67 (02) : 1695 - 1707
  • [22] Passivity of uncertain neural networks with both leakage delay and time-varying delay
    Qiankun Song
    Jinde Cao
    Nonlinear Dynamics, 2012, 67 : 1695 - 1707
  • [23] Finite-Time Stabilization for Static Neural Networks with Leakage Delay and Time-Varying Delay
    Zhang, Xiaoyu
    Yuan, Yuan
    Li, Xiaodi
    NEURAL PROCESSING LETTERS, 2020, 51 (01) : 67 - 81
  • [24] Channel coordination under Nash bargaining fairness concerns in differential games of goodwill accumulation
    Guan, Zhimin
    Ye, Tong
    Yin, Rui
    EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 2020, 285 (03) : 916 - 930
  • [25] The criterion of exponential stability for uncertain systems with time-varying delay
    Zhu, Lihong
    Ma, Yuechao
    Journal of Computational Information Systems, 2013, 9 (12): : 5005 - 5011
  • [26] Exponential passivity of neural networks with time-varying delay and uncertainty
    Zhu, Song
    Shen, Yi
    Chen, Guici
    PHYSICS LETTERS A, 2010, 375 (02) : 136 - 142
  • [27] Robust stabilization of uncertain systems with time-varying multistate delay
    Cao, YY
    Sun, YX
    IEEE TRANSACTIONS ON AUTOMATIC CONTROL, 1998, 43 (10) : 1484 - 1488
  • [28] Extension of Razumikhin's Theorem for Time-Varying Systems with Delay
    Mazenc, Frederic
    Malisoff, Michael
    2016 AMERICAN CONTROL CONFERENCE (ACC), 2016, : 84 - 88
  • [29] THE IMPROVED RESULTS ON THE STOCHASTIC KOLMOGOROV SYSTEM WITH TIME-VARYING DELAY
    Hu, Yangzi
    Wu, Fuke
    DISCRETE AND CONTINUOUS DYNAMICAL SYSTEMS-SERIES B, 2015, 20 (05): : 1481 - 1497
  • [30] Delay-independent stabilization of linear systems with time-varying delayed state and uncertainties
    Chen, Cheng-Yi
    Lee, Chien-Hua
    JOURNAL OF THE FRANKLIN INSTITUTE-ENGINEERING AND APPLIED MATHEMATICS, 2009, 346 (04): : 378 - 390