{"id":560,"date":"2019-01-28T12:00:12","date_gmt":"2019-01-28T12:00:12","guid":{"rendered":"http:\/\/qsms.mokk.bme.hu\/?p=560"},"modified":"2019-02-08T15:40:55","modified_gmt":"2019-02-08T15:40:55","slug":"11-feb-danisz-okulicz-qsms-seminar","status":"publish","type":"post","link":"https:\/\/qsms.bme.hu\/index.php\/2019\/01\/28\/11-feb-danisz-okulicz-qsms-seminar\/","title":{"rendered":"11 Feb: Danisz Okulicz (QSMS Seminar)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/lh6.googleusercontent.com\/q_Alpeecto3vLgjT7duW-ZS06MiDnStw3jjfV9YEU0UcCcO__k_MsyK9BERsQ8MGYFXvfTeAYlAq568zE04Q9uCWJxjXhIqvzPTULz-F5to0LfpSkiw=w371\" alt=\"Danisz Okulicz\" width=\"178\" height=\"206\" \/>Presenting <em>Negotiations, Expertise and Strategic Misinformation\u00a0<\/em>at 12:15-13:30 in QA406.<!--more--><span id=\"more-538\"><\/span><\/p>\n<p>On 11th February 2019 we have <a href=\"https:\/\/www.okulicz.eu\/\">Danisz Okulicz<\/a> of the Universitat Aut\u00f2noma de Barcelona &amp; Barcelona Graduate School of Economics visiting us. He is going to give a seminar titled <em>Negotiations, Expertise and Strategic Misinformation<\/em>\u00a0at 12:15-13:30 in room A406\u00a0 in Building Q,\u00a0Budapest University of Technology and Economics, Faculty of Economic and Social Sciences, Magyar tud\u00f3sok k\u00f6r\u00fatja 2, 1117 Budapest.\u00a0Sandwiches will be provided. Please\u00a0<a href=\"https:\/\/goo.gl\/forms\/8eVGDSidlpzHrtq13\"><strong>register<\/strong>. <\/a>See our\u00a0<a href=\"https:\/\/www.facebook.com\/events\/324248934863069\/\">Facebook event<\/a>.<\/p>\n<p>Abstract: I analyze the role of an expert in negotiations with asymmetric information on example of civil litigation. To avoid a costly trial a plaintiff and a defendant engage in a pre-trial negotiation. The informed defendant offers a settlement to the uniformed plaintiff, who receives a cheap-talk advice from informed attorney before taking a final decision. The result of the negotiation depends on whether the attorney or the plaintiff is a more aggressive agent. If the attorney is a more aggressive, the plaintiff follows his advice only for low settlement offers, and accepts any high offer. If the plaintiff is more aggressive, she follows her attorney recommendation only for some finite set of offers, and rejects any other offer. I study the contracts that the plaintiff and the attorney can sign before the negotiation. I find that the agents gain on misalignment of their incentives. In particular, if the attorney is sufficiently aggressive the plaintiff\u2019s payoff under an asymmetric information may be higher than under a symmetric information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Presenting Negotiations, Expertise and Strategic Misinformation\u00a0at 12:15-13:30 in QA406.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,4,17],"tags":[72,73],"class_list":["post-560","post","type-post","status-publish","format-standard","hentry","category-event","category-news","category-seminar","tag-danisz-okulicz","tag-law-and-economics"],"_links":{"self":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/comments?post=560"}],"version-history":[{"count":5,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/560\/revisions"}],"predecessor-version":[{"id":584,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/posts\/560\/revisions\/584"}],"wp:attachment":[{"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/media?parent=560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/categories?post=560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qsms.bme.hu\/index.php\/wp-json\/wp\/v2\/tags?post=560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}