G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16934
DP16934 Shuttle Diplomacy
Piero Gottardi; Claudio Mezzetti
发表日期2022-01-20
出版年2022
语种英语
摘要This paper studies the role of a mediator in helping two parties to evaluate the merits of their positions in economic disputes and to facilitate settlement. In practice, mediation often operates through shuttle diplomacy; the mediator goes back and forth between the parties meeting them in a private caucus. We model shuttle diplomacy as a dynamic procedure where the mediator helps each party to gradually discover her costs and benefits of settlement, as well as to re-assess her bargaining position, while also proposing the terms of the deal and arranging temporary claim exchanges. The way the procedure progresses depends on the feedback the mediator receives from the parties during meetings with the parties. We show that shuttle diplomacy allows parties to always achieve an ex-post efficient and equitable (perfectly fair in the case of symmetric value distributions) final settlement. In contrast, this is not possible with a static mediation procedure.
主题Organizational Economics ; Political Economy
关键词Bargaining Information design Mechanism design Mediation Persuasion
URLhttps://cepr.org/publications/dp16934
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545873
推荐引用方式
GB/T 7714
Piero Gottardi,Claudio Mezzetti. DP16934 Shuttle Diplomacy. 2022.
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