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confidential transactions. Bargaining can be considered to occur over a network that summarizes the structure of linkages among … people. We conduct an alternating-offer bargaining experiment using separate simple networks, which are then joined during … bargaining environments. Participants appear to grasp the essential characteristics of the networks and we observe a rather …
Persistent link: https://www.econbiz.de/10005771991
Equivalence classes of normal form games are defined using the geometry of correspondences of standard equilibiurm concepts like correlated, Nash, and robust equilibrium or risk dominance and rationalizability. Resulting equivalence classes are fully characterized and compared across different...
Persistent link: https://www.econbiz.de/10005572643
Systematic experiments with distribution games (for a survey, see Roth, 1995, ) haveshown that participants are strongly motivated by fairness and efficiency considerations.This evidence, however, results mainly from experimental designs asking directly for sharingmonetary rewards. But even when...
Persistent link: https://www.econbiz.de/10005866809
We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses … retaliation and, thus, lower efficiency when the bargaining partners have the same gender than when they have the opposite gender …
Persistent link: https://www.econbiz.de/10005866879
Previous studies have found evidence of a self-serving bias in bargaining and dispute resolution. We use experimental … data to test for this effect in a simulated labor relatonship. We find a consistent discrepancy between employer beliefs …
Persistent link: https://www.econbiz.de/10005827477
We study ultimatum and dictator experiments where the first moverchooses the amount of money to be distributed between the playerswithin a given interval, knowing that her own share is fixed. Thus, thefirst mover is faced with scarcity, but not with the typical trade-off betweenher own and the...
Persistent link: https://www.econbiz.de/10005870982
Actual behaviour is inuenced in important ways by moral emotions,for instance guilt or shame (see among others Tangney et al., 2007). Belief-dependant models of social preferences using the framework of psycho-logical games aim to consider such emotions to explain other-regardingbehaviour. Our...
Persistent link: https://www.econbiz.de/10009248884
While the theoretical industrial organization literature has long argued that excess capacity can be used to deter entry into markets, there is little empirical evidence that incumbent firms effectively behave in this way. Bagwell and Ramey (1996) propose a game with a specific sequence of moves...
Persistent link: https://www.econbiz.de/10005772278
conduct experiments on simple two-person and three-person games with binary choices that test these theories more directly …
Persistent link: https://www.econbiz.de/10005772580
Considerable experimental evidence suggests that non-pecuniary motives must be addressed when modeling behavior in economic contexts. Recent models of non-pecuniary motives can be classified as either altruism- based, equity-based, or reciprocity-based. We estimate and compare leading approaches...
Persistent link: https://www.econbiz.de/10005707975