Endogenous Reference Points in Bargaining

dc.contributor.author Karagözoğlu, Emin
dc.contributor.author Keskin, Kerim
dc.contributor.author Keskin, Kerim
dc.contributor.other Economics
dc.date.accessioned 2019-06-27T08:03:41Z
dc.date.available 2019-06-27T08:03:41Z
dc.date.issued 2018
dc.department Fakülteler, İktisadi, İdari ve Sosyal Bilimler Fakültesi, Ekonomi Bölümü en_US
dc.description.abstract We allow the reference point in (cooperative) bargaining problems with a reference point to be endogenously determined. Two loss averse agents simultaneously and strategically choose their reference points taking into consideration that with a certain probability they will not be able to reach an agreement and will receive their disagreement point outcomes whereas with the remaining probability an arbitrator will distribute the resource by using (an extended) Gupta-Livne bargaining solution (Gupta and Livne in Manag Sci 34:1303-1314 1988). The model delivers intuitive equilibrium comparative statics on the breakdown probability the loss aversion coefficients and the disagreement point outcomes. en_US]
dc.identifier.citationcount 7
dc.identifier.doi 10.1007/s00186-018-0636-2 en_US
dc.identifier.endpage 295
dc.identifier.issn 1432-2994 en_US
dc.identifier.issn 1432-5217 en_US
dc.identifier.issn 1432-2994
dc.identifier.issn 1432-5217
dc.identifier.issue 2
dc.identifier.scopus 2-s2.0-85046008721 en_US
dc.identifier.scopusquality Q2
dc.identifier.startpage 283 en_US
dc.identifier.uri https://hdl.handle.net/20.500.12469/826
dc.identifier.uri https://doi.org/10.1007/s00186-018-0636-2
dc.identifier.volume 88 en_US
dc.identifier.wos WOS:000448986400005 en_US
dc.identifier.wosquality Q3
dc.institutionauthor Keskin, Kerim en_US
dc.language.iso en en_US
dc.publisher Springer Heidelberg en_US
dc.relation.journal Mathematical Methods of Operations Research en_US
dc.relation.publicationcategory Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı en_US
dc.rights info:eu-repo/semantics/closedAccess en_US
dc.scopus.citedbyCount 10
dc.subject Bargaining problem en_US
dc.subject Gupta-Livne solution en_US
dc.subject Loss aversion en_US
dc.subject Prospect theory en_US
dc.subject Reference points en_US
dc.title Endogenous Reference Points in Bargaining en_US
dc.type Article en_US
dc.wos.citedbyCount 8
dspace.entity.type Publication
relation.isAuthorOfPublication 16e63a3f-dd9f-453d-92ed-0ca24467a63b
relation.isAuthorOfPublication.latestForDiscovery 16e63a3f-dd9f-453d-92ed-0ca24467a63b
relation.isOrgUnitOfPublication c7c3d3ed-3819-4066-adbd-b0a2bbda3041
relation.isOrgUnitOfPublication.latestForDiscovery c7c3d3ed-3819-4066-adbd-b0a2bbda3041

Files