| dc.contributor.author |
Wiggins, Steve |
en_US |
| dc.contributor.author |
Hackett, Steven C. |
en_US |
| dc.contributor.author |
Battalio, Raymond C. |
en_US |
| dc.date.accessioned |
2009-07-31T14:38:20Z |
|
| dc.date.available |
2009-07-31T14:38:20Z |
|
| dc.date.issued |
1991 |
en_US |
| dc.date.submitted |
2008-01-29 |
en_US |
| dc.date.submitted |
2008-01-29 |
en_US |
| dc.identifier.uri |
https://hdl.handle.net/10535/1633 |
|
| dc.description.abstract |
"This paper provides an experimental analysis of bargaining under imperfect information, molded by the circumstances found in oil field unitization. The purpose of the study is two-fold. One purpose is to provide a more in-depth analysis of how information affects bargained shares and contractual failure in unitization. A second purpose is to provide a (partial) link between the unitization field data, and the highly developed experimental bargaining work of Roth and Malouf, and Roth, Malouf, and Murnighan. The results suggest a new interpretation of how imperfect information molds sharing rules and undermines unitization contracting. This interpretation is highly consistent with problems previously identified by Roth and his co-investigators. The analysis then reexamines the field data and shows how the analysis sheds new light on field evidence." |
en_US |
| dc.subject |
IASC |
en_US |
| dc.subject |
information--theory |
en_US |
| dc.subject |
bargaining--models |
en_US |
| dc.subject |
rules |
en_US |
| dc.subject |
contracts |
en_US |
| dc.title |
Imperfect Information, Multilateral Bargaining, and Unitization: An Experimental Analysis |
en_US |
| dc.type |
Conference Paper |
en_US |
| dc.subject.sector |
Theory |
en_US |
| dc.identifier.citationconference |
Common Property Conference, the Second Biennial Conference of the International Association for the Study of Common Property |
en_US |
| dc.identifier.citationconfdates |
September 26-30, 1991 |
en_US |
| dc.identifier.citationconfloc |
Winnipeg, Manitoba |
en_US |
| dc.submitter.email |
aurasova@indiana.edu |
en_US |