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Two deviations of alternating-offer bargaining behavior from economic theory are observed together, yet have been studied separately. Players who could secure themselves a large surplus share if bargainers were purely self-interested incompletely exploit their advantage. Delay in agreement...
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. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we … behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
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