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Bilateral bargaining situations are often characterized by informational asymmetries concerning the size of what is at … of asymmetric information on proposer behavior in two different situations which allow for a variation of responder veto … compared to the dictator game is (marginally) smaller when the proposer is in the superior information position. Further we …
Persistent link: https://www.econbiz.de/10011623050
The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting …
Persistent link: https://www.econbiz.de/10011852503
Bilateral bargaining situations are often characterized by informational asymmetries concerning the size of what is at … of asymmetric information on proposer behavior in two different situations which allow for a variation of responder veto … compared to the dictator game is (marginally) smaller when the proposer is in the superior information position. Further we …
Persistent link: https://www.econbiz.de/10011627980
We analyze the effects of asymmetric information concerning the size of a pie on proposer behavior in three different … bargaining situations: the ultimatum game, the Yes-No-game and the dictator game. Our data show that (a) irrespective of the … information condition, proposer generosity increases with responder veto power, (b) informed proposers in the ultimatum game try …
Persistent link: https://www.econbiz.de/10005051045
by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining … mechanisms: unstructured bargaining, the Texas shoot-out, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …
Persistent link: https://www.econbiz.de/10014380287
easy. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite … requires information about all later pie sizes and probabilities, forward reasoning is expected to consider only the immediate … backward induction by control of information retrieval. We find that participants who begin with the shortest games before …
Persistent link: https://www.econbiz.de/10010291818
-person bargaining game where the other party's gender is known to both actors. We find that (1) gender per se has no significant effect … and retaliation and, thus, lower efficiency when the bargaining partners have the same gender than when they have the …
Persistent link: https://www.econbiz.de/10010293381
Envy is often the cause of mutually harmful outcomes. We experimentally study the impact of envy in a bargaining …
Persistent link: https://www.econbiz.de/10010281655
than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …In his classic article An Essay on Bargaining Schelling (1956) argues that ignorance might actually be strength rather …
Persistent link: https://www.econbiz.de/10010282588
easy. In our stochastic (alternating offer) bargaining experiment, there is a certain first-period pie and a known finite … requires information about all later pie sizes and probabilities, forward reasoning is expected to consider only the immediate … backward induction by control of information retrieval. We find that participants who begin with the shortest games before …
Persistent link: https://www.econbiz.de/10010309575