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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 aim at investigating to what extent reciprocal considerations, exhibited by employers and employees, should lead to stable gift exchange practices in the labor contract, giving rise to non-compensating wage differentials among industries. We use the concept of Sequential Reciprocity...
Persistent link: https://www.econbiz.de/10014100099
Magna Carta, a pivotal moment in the emergence of constitutional government, institutionalised constraints on royal power. We depict it as an optimal agreement between two coalitions capable of violence: the king's loyal coalition of barons and the rebel barons. This type of agreement is more...
Persistent link: https://www.econbiz.de/10014353308
This paper theoretically investigates the strategic implications of varying reliability of bargaining partners under …
Persistent link: https://www.econbiz.de/10015185070
. The bargaining behavior resembles the Ultimatum game to the extent that proposers request a fixed price for a shared ride … positions of the bargaining parties are hardly symmetric and the formation of the full group is not guaranteed. Using a simple … offer is made right before the train departure. -- Natural field experiment ; bargaining ; focal point ; equal split ; agent …
Persistent link: https://www.econbiz.de/10003983147
The effects of the three-point rule in first league German soccer are tested empirically and compared to games from the German cup-competition. The inclusion of cup games ensures that changes in league games can be attributed to the three-point rule. As a result of their relative devaluation,...
Persistent link: https://www.econbiz.de/10014216842
The effects of the three-point rule in first league German soccer are tested empirically and compared to games from the German cup-competition. The inclusion of cup games ensures that changes in league games can be attributed to the three-point rule. As a result of their relative devaluation,...
Persistent link: https://www.econbiz.de/10003729734
Persistent link: https://www.econbiz.de/10003311652
Because verdicts are typically the more costly resolution of legal disputes, most governments are interested in high settlement rates. In this paper, we use a unique dataset of 860 case records from a German trial court to explore which factors have a significant impact on the decision to settle...
Persistent link: https://www.econbiz.de/10010489252
Because verdicts are typically the more costly resolution of legal disputes, most governments are interested in high settlement rates. In this paper, we use a unique dataset of 860 case records from a German trial court to explore which factors have a significant impact on the decision to settle...
Persistent link: https://www.econbiz.de/10011810717