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setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the … harms the proposer. Notwithstanding, maximal claims by proposers are predominant for all game types. This generates conflict …
Persistent link: https://www.econbiz.de/10010281655
setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the … harms the proposer. Notwithstanding, maximal claims by proposers are predominant for all game types. This generates conflict … and results in a considerable loss of efficiency. -- Social Preferences ; Conflict ; Experimental Economics ; Bargaining …
Persistent link: https://www.econbiz.de/10009374671
setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the … harms the proposer. Notwithstanding, maximal claims by proposers are predominant for all game types. This generates conflict …
Persistent link: https://www.econbiz.de/10011048077
setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the … harms the proposer. Notwithstanding, maximal claims by proposers are predominant for all game types. This generates conflict …
Persistent link: https://www.econbiz.de/10009358618
Although one may hope to achieve equality of stated profits without enforcing it, one may not trust in such voluntary equality seeking and rather try to impose rules (of bidding) guaranteeing it. Our axiomatic approach is based on envy-free net trades according to bids which, together with the...
Persistent link: https://www.econbiz.de/10010267112
Although one may hope to achieve equality of stated profits without enforcing it, one may not trust in such voluntary equality seeking and rather try to impose rules (of bidding) guaranteeing it. Our axiomatic approach is based on envy-free net trades according to bids which, together with the...
Persistent link: https://www.econbiz.de/10003944203
We present a model of price leadership on homogeneous product markets where the price leader is selected endogenously. The price leader sets and guarantees a sales price to which followers can adjust according to their individual supply functions. The price leader then clears the market by...
Persistent link: https://www.econbiz.de/10010323890
A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness (Güth and Kliemt, 2013), we derive a bidding mechanism determining...
Persistent link: https://www.econbiz.de/10010323894
We present a model of price leadership on homogeneous product markets where the price leader is selected endogenously. The price leader sets and guarantees a sales price to which followers adjust according to their individual supply functions. The price leader clears the market by serving the...
Persistent link: https://www.econbiz.de/10010330372
We enrich the choice task of responders in ultimatum games by allowing them to independently decide whether to collect what is offered to them and whether to destroy what the proposer demanded. Such a multidimensional response format intends to cast further light on the motives guiding responder...
Persistent link: https://www.econbiz.de/10010435149