Does evolution solve the hold-up problem?

Games and Economic Behavior

Volumn 39, Issue 1, 2002, Pages 28-53

  Ellingsen, Tore ^a   Robles, Jack ^b  

^a STOCKHOLM SCHOOL OF ECONOMICS   (Sweden)

^b UNIVERSITY OF COLORADO   (United States)

Author keywords

Evolution; Fairness; Opportunism; Specific investments

Indexed keywords

EID: 0036205941     PISSN: 08998256     EISSN: None     Source Type: Journal    
DOI: 10.1006/game.2001.0891     Document Type: Article

References (36)

1. "Evolutionary Stability in Alternating-Offers Bargaining Games"
2. "Hard Bargains and Lost Opportunities"
3. "Evolutionary Drift and Equilibrium Selection"
4. "The Evolution of Bargaining Behavior"
5. "Is There a Hold-up Problem?"
6. "Striking for a Bargain Between Two Completely Informed Agents"
7. "Stochastic Evolutionary Game Dynamics"
8. "Self-Confirming Equilibrium"
9. "Learning to Be Imperfect: The Ultimatum Game"
10. "Equity Anchoring in Simple Bargaining Games with Production"
11. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration"
12. "Investment and Wages in the Absence of a Binding Contract"
13. "Is Relational Exchange Possible in the Absence of Reputations and Repeated Contact?"
14. "A Letter to the Editor on Wage Bargaining"
15. "Foundation of Incomplete Contracts"
16. "The Boundaries of the Firm Revisited"
17. "Learning, Mutation, and Long Run Equilibria in Games"
18. "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process"
19. "Convergence to Equitable Play in the Repeated Ultimatum Game with Advance Production"
20. "Unforseen Contingencies and Incomplete Contracts"
21. "Two-Person Cooperative Games"
22. "An Evolutionary Analysis of Backward and Forward Induction"
23. "Bargaining with Endogeneous Pie Size and Disagreement Points: A Holdup Experiment"
24. "Perfect Equilibrium in a Bargaining Model"
25. "Clever Agents in Young's Evolutionary Bargaining Model"
26. "Stochastic Stability in Games with Alternative Best Replies"
27. "Empirical Research in Transaction Cost Economics-A Review and Assessment"
28. "Procurement and Renegotiation"
29. "Why Sunk Costs Matter for Bargaining Outcomes: An Evolutionary Approach"
30. "Alternating Bid Bargaining with a Smallest Money Unit"
31. "The Evolution of Conventions"
32. "An Evolutionary Model of Bargaining"
33. "Conventional Contracts"