We explore the effects of listening to the music of AC/DC in a simple bargaining environment.
Here is the paper. The main result is that the songs of one lead singer, but not the other, induce efficient outcomes.
The pointer is thanks to Joshua Gans. Here is Gans’s regular blog. Here is his very interesting paper on product tying, co-authored with Dennis Carlton and Michael Waldman. Here is Gans’s good micro paper on carbon offsets.