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This paper studies data from the wholesale fruit and vegetables market in Marseille. The special feature of the data is that we have details of counteroffers to the prices that were proposed by the seller even when no transaction took place. Each offer, counteroffer and refusal conveys...
Persistent link: https://www.econbiz.de/10009624846
In the recent experimental literature several social preference models have been suggested that address observed behavior not reducible to the pursuit of selfinterest. Inequality aversion is one such model where preferences are distributional. Frequently, envy is suggested as the underlying...
Persistent link: https://www.econbiz.de/10002515881
In this paper, we report on a series of free-form bargaining experiments in which two players have to distribute four indivisible goods among themselves. In one treatment the monetary payoffs associated with each bundle of goods are common knowledge; in a second treatment only the ordinal ranking...
Persistent link: https://www.econbiz.de/10002515890
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In this paper, we report on a series of free-form bargaining experiments in which two players have to distribute four indivisible goods among themselves. In one treatment, players are informed about the monetary payoffs associated with each bundle of goods; in a second treatment only the ordinal...
Persistent link: https://www.econbiz.de/10014197611