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? Fairness norms mightplay an important role in wage-setting decisions. We will explore theoretically and experimentallypossible … fairness considerations of the involved parties. …
Persistent link: https://www.econbiz.de/10005866944
Fairness like other social norms is usually stabilized by punishing norm deviations. Reward uncertainty, however … experiment determines endogenously whether unfair offers are detected andsanctionable. In our experiment a proposer and a …
Persistent link: https://www.econbiz.de/10005866948
In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....
Persistent link: https://www.econbiz.de/10005870886
A two-persons bargaining problem often consists of initially incompatible demands that can be unilaterally reduced by sequential concessions. In a 2 x 2 x 2-factorial design we distinguish between reliable and unreliable concessions, between a static and dynamic settings and between symmetric...
Persistent link: https://www.econbiz.de/10005866602
Direct transfers allow heirs to freely use what has been passed on to them. Bequeathers who do not trust their descendants to make proper use of the fortune may prefer investing it in a safe foundation, thereby limiting their descendants’ autonomy. In our study we compare experimentally these...
Persistent link: https://www.econbiz.de/10005866700
provider.The optimal bids and bribes are derived based on an iid private costassumption. In the experiment, bribes are …
Persistent link: https://www.econbiz.de/10005866715
Hegemony is a central feature of contemporary international politicsbut it remains seriously under-theorized. We draw on cooperative game theoryto represent and analyze different aspects of hegemony. After developing ageneral conception of hegemony, we analyze the circumstances under which...
Persistent link: https://www.econbiz.de/10005866820
We report on an experiment designed to explore the interrelation of otherregardingconcerns with attitudes towards risk …
Persistent link: https://www.econbiz.de/10005866823
We study a market in which both buyers and sellers can decide to preempt and set theirquantities before market clearing. Will this lead to preemption on both sides of the market,only one side of the market, or to no preemption at all? We …nd that preemption tends to beasymmetric in the sense...
Persistent link: https://www.econbiz.de/10005866824
classify investors as actual or only potential satisficers, as well asrisk shy or more open to risk. In the experiment …
Persistent link: https://www.econbiz.de/10005866829