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Moral entitlements and aspiration formation in asymmetric bargaining : experimental evidence from Germany and China

Hennig-Schmidt, Heike; Walkowitz, Gari - In: Games 8 (2017) 4, pp. 1-25

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

Magna Carta

Desierto, Desiree; Hall, Jacob; Koyama, Mark - 2023

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

Equal split in the informal market for group train travel

Waichman, Israel; Korzhenevych, Artem; Requate, Tilman - 2010

. 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

Determinants of in-court settlements : empirical evidence from a German trial court

Berlemann, Michael; Christmann, Robin - 2014

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

Determinants of in-court settlements empirical evidence from a German trial court

Berlemann, Michael; Christmann, Robin - 2014

Persistent link: https://www.econbiz.de/10011810717

The "German Vote" and its consequences : (un)reliable parties in multilateral bargaining under private information

Piazolo, David - 2024

This paper theoretically investigates the strategic implications of varying reliability of bargaining partners under …

Persistent link: https://www.econbiz.de/10015185070

Negotiations for the Privatization of Electricity : The Experience in Eastern Germany

Young, Mark A. - 2004

This paper provides a detailed look at the structure, process and results of the negotiations for the sale of the electricity distribution sector in eastern Germany in 1992-94. Its focus is on assessing the practical effects of a new set of assumptions about "economic rationality". In essence,...

Persistent link: https://www.econbiz.de/10014028838

Reciprocal Fairness and Gift Exchange Practices in the Labor Contract : Econometric Analysis on a French Firms Survey

Mahuteau, Stephane - 2003

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

Implementing Quotas in University Admissions : An Experimental Analysis

Braun, Sebastian - 2011

Quotas for special groups of students often apply in school or university admission procedures. This paper studies the performance of two mechanisms to implement such quotas in a lab experiment. The first mechanism is a simplified version of the mechanism currently employed by the German central...

Persistent link: https://www.econbiz.de/10013117132

Round-number effects in real estate prices : evidence from Germany

Englmaier, Florian; Roider, Andreas; Schlereth, Lars; … - 2023

Round numbers affect behavior in various domains, e.g., as prominent thresholds or focal points in bargaining. In line …

Persistent link: https://www.econbiz.de/10014426542