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Persistent link: https://www.econbiz.de/10012649778
I designed an experiment to study the persistence of the prevailing levels of reasoning across games. Instead of …
Persistent link: https://www.econbiz.de/10012432226
scholars due to its ability to predict job performance and to explain some facets of decision-making processes. However … decision-making processes?". Answering it provides insights on how the evaluations that decision makers make about situations … (and the consequent actions that are implemented) highly depend on decision makers' inner traits and their effect on …
Persistent link: https://www.econbiz.de/10012271141
Experimental studies show that the Nash equilibrium and its refinements are poor predictors of behavior in non-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard game theory predictions. However, those models...
Persistent link: https://www.econbiz.de/10013252726
Delegating bargaining to an intermediary agent is common practice in many situations. The proposer, while not actively bargaining, sets constraints on the intermediary agent's offer. We study ultimatum games where proposers delegate bargaining to an intermediary agent by setting boundaries on...
Persistent link: https://www.econbiz.de/10013252752
regarding the decision negotiated by the group, and the number of times that, when there was a match, the group maintained its … decision after voting. From an empirical evaluation with a hundred students that participated in the field study, the main … hypothesis of this research was confirmed, which is that the use of a pairwise comparison function adhering to a decision and …
Persistent link: https://www.econbiz.de/10012596671
Persistent link: https://www.econbiz.de/10011398298
We provide causal evidence that patience is a significant source of bargaining power. Generalizing the Rubinstein (1982) bargaining model to arbitrarily non-stationary discounting, we first show that dynamic consistency across bargaining rounds is sufficient for a unique equilibrium, which we...
Persistent link: https://www.econbiz.de/10014279476
We report an experiment designed to study bargaining behavior between one buyer and multiple sellers with …
Persistent link: https://www.econbiz.de/10015073214
. Maaser, Paetzel and Traub (Games and Economic Behavior, 2019) conducted an experiment to investigate the effect of such … nominal power differences in the classic Baron-Ferejohn model. This paper re-analyzes the data from that experiment, looking …
Persistent link: https://www.econbiz.de/10013171871