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In an experiment on a subjective claims problem we compare three unanimity bargaining procedures - the Demand, the …
Persistent link: https://www.econbiz.de/10010839584
In a subjective claims problem several agents have contributed to the production of a cake which is to be divided among them. Since contributions are difficult to compare and the production function is nonlinear, agents'subjective evaluations of claims are likely to be conflicting. In a...
Persistent link: https://www.econbiz.de/10010700900