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In generosity games, one agreement payo is exogenously given,whereas the other is endogenously determined by the proposer's choice of the"pie" size. This has been shown to induce pie choices which are either efficiencyor equality seeking. In our experiment, before playing the generosity...
Persistent link: https://www.econbiz.de/10009248901
We examine the strategic behavior of first and second movers in a two party bargaining game with uncertain information transmission. When the first mover states her demand she does only know the probability with which the second mover will be informed about it. If the second mover is informed,...
Persistent link: https://www.econbiz.de/10005866971
We examine the strategic behavior of leaders and followers in sequential duopoly experimentsin which followers either perfectly observe the leaders’ actions or else observe nothing. Ourexperiments show that consistent with the theory, leaders enjoy a greater first-mover advantagewhen followers...
Persistent link: https://www.econbiz.de/10005867079
We examine the strategic behavior of leaders and followers in sequential duopoly experiments in which followers either perfectly observe the leaders' actions or else observe nothing. (...)
Persistent link: https://www.econbiz.de/10005845209
In three-person envy games, an allocator, a responder, and a dummy player interact. Since agreement payoffs of responder and dummy are exogenously given, there is no tradeoff between allocator payoff and the payoffs of responder and dummy. Rather, the allocator chooses the size of the pie and...
Persistent link: https://www.econbiz.de/10011186347