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The effect of alternative property rights regimes on the choice between taking an object and acquiring it via a consensual exchange is experimentally explored in a two-period screening game. Results are generally consistent with equilibrium predictions, suggesting that property rights regimes...
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The effect of alternative property rights regimes on the choice between taking an object and acquiring it via consensual exchange is experimentally explored in a two-period screening model. Experimental treatments involving card game implementation yield results that are generally consistent...
Persistent link: https://www.econbiz.de/10014190307
This paper investigates the dynamics of deception and retribution in repeated ultimatum bargaining. Anonymous dyads exchanged messages and offers in a series of four ultimatum bargaining games that had prospects for relatively large monetary outcomes. Variations in each party's knowledge of the...
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