scholarly journals Multi-attribute Bilateral Bargaining in a One-to-Many Setting

Author(s):  
E. H. Gerding ◽  
D. J. A. Somefun ◽  
J. A. Han La Poutré
Keyword(s):  
1971 ◽  
Vol 17 (3) ◽  
pp. 287-291 ◽  
Author(s):  
Lawrence A. Messe
Keyword(s):  

2005 ◽  
pp. 249-260
Author(s):  
Ching Chyi Lee ◽  
Eythan Weg ◽  
Rami Zwick

2018 ◽  
Vol 51 (1) ◽  
pp. 126-141 ◽  
Author(s):  
ZEINAB SHOKOOHI ◽  
AMIR HOSSEIN CHIZARI ◽  
MAHDI ASGARI

AbstractThe farm-gate price of raw milk in Iran is determined annually in negotiations among representatives of dairy processors, milk producers, and government officials. This study estimates the average bargaining power of dairy farmers and processors, through applying the generalized axiomatic Nash approach in a bilateral bargaining model. We employ annual data from 1990 to 2013 to estimate econometric representation of a bilateral bargaining model using a Monte Carlo expectation maximization algorithm. Results imply a higher bargaining power of 0.69 for processors, compared with 0.31 for farmers. This asymmetry of bargaining power causes unequal allocation of gains in the milk market.


2014 ◽  
Vol 87 ◽  
pp. 353-366 ◽  
Author(s):  
Tore Ellingsen ◽  
Topi Miettinen
Keyword(s):  

Sign in / Sign up

Export Citation Format

Share Document