Showing 1 - 10 of 71
This paper examines the motivation for intergenerational transfers between adult children and their parents, and the nature of preferences for such giving behaviour, in an experimental setting.  Participants in our experiment play a series of dictator games with parents and strangers, in which...
Persistent link: https://www.econbiz.de/10011004391
desert, so desert guilt generates behavior consistent with both positive and negative reciprocity and may underpin social …
Persistent link: https://www.econbiz.de/10009275434
Sharing a common fate with some people but not others may affect how economic agents behave within firms and organizations. Recognizing that many bilateral transactions occur both within and between groups sharing some degree of common fate, we present an experimental test of the effect of...
Persistent link: https://www.econbiz.de/10005047846
Ultimatum games have been extensively used in experimental studies. By studying the consequences that restrictions shared by ultimatum games have in subject`s behaviour, this paper argues that some results are falsified by design constraints. This paper also presets a taxonomy of certification,...
Persistent link: https://www.econbiz.de/10010604902
We explore the role of reciprocity in wage determination by combining experimental and survey data. The experiment is … reciprocity and individual wages. However, the direction of causality is unclear. Various aspects of the distribution of the … reciprocity have a positive effect on wages, while the spread in the distribution (standard deviation) has a strong significant …
Persistent link: https://www.econbiz.de/10010604948
We consider a dynamic model where traders in each period are matched randomly into pairs who then bargain about the division of a fixed surplus. When agreement is reached the traders leave the market. Traders who do not come to an agreement return next period in which they will be matched again,...
Persistent link: https://www.econbiz.de/10010661441
We study price competition between firms over public list or posted prices when a fraction of consumers (termed 'bargainers') can subsequently receive discounts with some probability.  Such stochastic discounts are a feature of markets in which some consumers bargain explicitly; of markets in...
Persistent link: https://www.econbiz.de/10011004203
We study evolutionary dynamics in assignment games where many agents interact anonymously at virtually no cost.  The process is decentralized, very little information is available and trade takes place at many different prices simultaneously.  We propose a completely uncoupled learning process...
Persistent link: https://www.econbiz.de/10011004342
We study decentralized learning dynamics for the classic assignment game with transferable utility.  At random points in time firms and workers match, break up, and re-match in the sesarch for better opportunities.  We propose a simple learning process in which players have no knowledge about...
Persistent link: https://www.econbiz.de/10011071726
We provide a model of coalitional bargaining with claims in order to solve games with non-transferable utilities and externalities.  We show that, for each such game, payoff configurations exist which will not be renegoiated.  In the original game derived from these payoff configurations, we...
Persistent link: https://www.econbiz.de/10011183201