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Personal Investigador

Periodo

01/01/2016-31/10/2022

Entidad

Importe total

750.000 kronar noruego (aprox. 64.000 euros)

Descripción

The workhorse model of bargaining in economics and political science assume rational agents and complete and perfect information. This model is unable to account for delay or breakdown in bargaining. An emerging theoretical literature explore behavioral causes of bargaining failure, such as biased beliefs, commitments, and lack of common knowledge rationality. In this project, we are formulating models and performing a systematic evaluation of competing hypotheses in controlled experiments. We address bilateral bargaining, and we focus on three causes of bargaining failure: biased beliefs; commitment; and lack of common knowledge rationality.