Fischbacher, Urs; Fong, Christina M.; Fehr, Ernst - In: Journal of Economic Behavior & Organization 72 (2009) 1, pp. 527-545
In this paper, we investigate the effects of competition on bargained outcomes. We show that the neglect of either fairness concerns or decision errors will prevent a satisfactory understanding of how competition affects bargaining. We conducted experiments which demonstrate that introducing a...