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Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
We report an experiment designed to study bargaining behavior between one buyer and multiple sellers with … complementarity and how it is influenced by fairness concern and information transparency. We base our setup on a structured … value of the deal approximately half-half with the buyer as a normative fairness benchmark. The buyers, on the other hand …
Persistent link: https://www.econbiz.de/10015073214
projects have demonstrated that the mechanism is efficiency enhancing. Our experiment tests whether the mechanism remains …
Persistent link: https://www.econbiz.de/10009784119
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014345629
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014346014
different shadows of the future and degrees of asymmetry and tested in a lab-experiment. Our experimental data show that game … better in describing the equilibrium selection process of emerging norms. -- coordination ; experiment ; normative conflict …
Persistent link: https://www.econbiz.de/10009736799
Social life offers innumerable instances in which trust relations involve multiple agents. In an experiment, we study a …
Persistent link: https://www.econbiz.de/10011734290
authors have claimed that "fairness is intuitive". In light of conflicting empirical evidence, we provide theoretical arguments … of the "fairness is intuitive" hypothesis. Drawing on recent applications of the Drift Diffusion Model (Krajbich et al … theoretical considerations and to retest the "fairness is intuitive" hypothesis, we analyze choices in two-person prisoner …
Persistent link: https://www.econbiz.de/10011616655
'. For the purpose of the experiment we used a Nash demand game with discrete strategies. We found that subjects without any …
Persistent link: https://www.econbiz.de/10012936354
Persistent link: https://www.econbiz.de/10014291725