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Why People Reject Advantageous Offers – Non-monotone Strategies in Ultimatum Bargaining
Hennig-Schmidt, Heike; Li, Zhu-yu; Yang, Chaoliang - 2004
When using the strategy method in ultimatum bargaining, many researchers ask responders for the minimal acceptable offer only implicitly assuming strategies to be monotone. Recent research has shown, however, that subjects decline disadvantageous and advantageous proposals. We report on an...
Persistent link: https://www.econbiz.de/10010263118
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Why People Reject Advantageous Offers – Non-monotone Strategies in Ultimatum Bargaining
Hennig-Schmidt, Heike; Li, Zhu-Yu; Yang, Chaoliang - University of Bonn, Germany - 2004
When using the strategy method in ultimatum bargaining, many researchers ask responders for the minimal acceptable offer only implicitly assuming strategies to be monotone. Recent research has shown, however, that subjects decline disadvantageous and advantageous proposals. We report on an...
Persistent link: https://www.econbiz.de/10004968355
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Adolescent-Adult Interactions and Culture in the Ultimatum Game
Hoffmann, Robert; Tee, Jin-Yee - Business School, University of Nottingham - 2003
more likely to reject. The findings are explained with reference to theories of childhood development and (culture …
Persistent link: https://www.econbiz.de/10005032036
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Adolescent-Adult Interactions and Culture in the Ultimatum Game
Hoffmann, Robert; Tee, Jin-Yee - Economics and Finance Division, Business School - 2003
more likely to reject. The findings are explained with reference to theories of childhood development and (culture …
Persistent link: https://www.econbiz.de/10005738651
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The impact of fairness on decision making : an analysis of different video experiments
Hennig-Schmidt, Heike - 2001 - This version: January 2001
Experimentally observed deviations of behavior from game theoretic predictions suggest that fairness does influence … decision making. Fairness in the sense of equality has become an essential element of economic models aiming at explaining … only fairness norm to be taken into account. More equity norms than equality exist, including inequality of payoffs. Since …
Persistent link: https://www.econbiz.de/10011538681
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The Impact of Fairness on Decision Making - An Analysis of Different Video Experiments
Hennig-Schmidt, Heike - 2000
Experimentally observed deviations of behavior from game theoretic predictions suggest that fairness does influence … decision making. Fairness in the sense of equality has become an essential element of economic models aiming at explaining … only fairness norm to be taken into account. More equity norms than equality exist, including inequality of payoffs. Since …
Persistent link: https://www.econbiz.de/10010317630
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The Impact of Fairness on Decision Making - An Analysis of Different Video Experiments
Hennig-Schmidt, Heike - University of Bonn, Germany - 2000
Experimentally observed deviations of behavior from game theoretic predictions suggest that fairness does influence … decision making. Fairness in the sense of equality has become an essential element of economic models aiming at explaining … only fairness norm to be taken into account. More equity norms than equality exist, including inequality of payoffs. Since …
Persistent link: https://www.econbiz.de/10004968456
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Power, hierarchy and social preferences
Bosco, Luigi - Volkswirtschaftliche Fakultät, … - 2008
I ran an experiment in order to evaluate the relationship, if any, between power, or the search for power, and the degree of altruism. In particular I experimentally tested whether an organization structured in a strictly hierarchical way was able to reduce the degree of altruism of a group of...
Persistent link: https://www.econbiz.de/10005836078
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Employment Duration and Resistance to Wage Reductions : Experimental Evidence
Burda, M.; Güth, W.; Kirchsteiger, G.; Uhlig, H.F.H.V.S. - Tilburg University, Center for Economic Research - 1998
One of the long-standing puzzles in economics is why wages do not fall sufficiently in recessions so as to avoid increases in unemployment. Put differently, if the competitive market wage declines, why don't employers simply force their employees to accept lower wages as well? As an alternative...
Persistent link: https://www.econbiz.de/10011090402
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Employment duration and resistance to wage reductions: Experimental evidence
Burda, Michael C.; Güth, Werner; Kirchsteiger, Georg; … - Sonderforschungsbereich 373, Quantifikation und … - 1998
One of the long-standing puzzles in economics is why wages do not fall sufficiently in recessions so as to avoid increases in unemployment. Put differently, if the competitive market wage declines, why don't employers simply force their employees to accept lower wages as well? As an alternative...
Persistent link: https://www.econbiz.de/10010983862