• The power of outside options in the presence of obstinate types 

      Heggedal, Tom-Reiel; Helland, Leif; Knutsen, Magnus Våge (Peer reviewed; Journal article, 2022)
      We experimentally investigate the role of two-sided reputation-building in dynamic bargaining. In the absence of outside options, rational bargainers have an incentive to imitate obstinate types that are committed to an ...