Much has been written on the effects of the Internet on the relative bargaining power of consumers vis-à-vis that of corporations. The initial expectation was that the Internet would empower individual consumers by expanding the range of consumption choices and by reducing information or product search costs. There were also predictions that the growth of [...]
Entries Tagged as ‘Game Theory’
December 4, 2002
Guys, doing housework increases your bargaining power in your relationship
I’ve been doing this econometric study that operationalizes Nash bargaining. The topic is bargaining power between married spouses. And guess what? Interesting results obtained include the positive effect on the husband’s bargaining power within the family with increased housework contribution, and higher net family welfare with increased participation in the labour force of the wife. [...]
