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We report results from a laboratory experiment on strategic bargaining with indivisibilities studying the role of …
Persistent link: https://www.econbiz.de/10012937237
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10011336977
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game …
Persistent link: https://www.econbiz.de/10011762571
paper we present the results of an experiment on the influence of private payoff information and the role of the available …
Persistent link: https://www.econbiz.de/10011570166
Approval voting allows voters to support as many candidates as they wish. One advantage of the method is that voters have weak or no incentives to vote insincerely. However, the exact meaning of this statement depends on how the voters' preferences over candidates are extended to sets. We show...
Persistent link: https://www.econbiz.de/10011926017
effects of opacity in a laboratory experiment and find that opacity leads to more generous promises, but also to more promise …
Persistent link: https://www.econbiz.de/10012231501
of transparency in an incentivized experiment. Transparency leads to less promise breaking but also to less generous …
Persistent link: https://www.econbiz.de/10014481101
Engelmann and Strobel (AER 2004) claim that a combination of efficiency seeking and minmax preferences dominates inequity aversion in simple dictator games. This result relies on a strong subject pool effect. The participants of their experiments were undergraduate students of economics and...
Persistent link: https://www.econbiz.de/10010343968
Engelmann and Strobel (AER 2004) question the relevance of inequity aversion in simple dictator game experiments claiming that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is more important than inequity aversion. We show that these results...
Persistent link: https://www.econbiz.de/10010440438