Adaptive learning and punishment are highly prominent competing explanations for ultimatum game behavior. We report on an experiment that considers each theory in stand-alone form, so that one does not rely on the other in any substantial way. Our data exhibits patterns for which punishment can...

I report here on a series of laboratory tests aimed at a long standing puzzle concerning the impact of arbitration on bargaining behavior. The findings outline a fresh solution. The arbitration puzzle is closely linked to the debate over why disputes arise in bargaining, and so the work speaks...

We introduce a heuristic method for finding good feasible solutions for multi-product lot sizing problems with general assembly structures, multiple constrained resources, and non-zero setup costs and setup times. We evaluate the performance of this heuristic by comparing its solutions to...