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On the evolution of power indices in collective bargaining

Berninghaus, Siegfried; Güth, Werner - 2000

distinguishes between trade union's power in initial wage and in later employment negotiations. By linking two such collective … bargaining situations we can say which of the two (two-dimensional) power constellations is better and thereby derive the power … shaping the relative power indices of trade unions. …

Persistent link: https://www.econbiz.de/10009612014

I want you! : an experiment studying the selection effect when assigning distributive power

Brandts, Jordi; Güth, Werner; Stiehler, Andreas - 2002

in the procedure by which distributive power is assigned: to a randomly determined or to a knowingly selected partner …

Persistent link: https://www.econbiz.de/10009625802

Learning to bid : an experimental study of bid function adjustments in auctions and fair division games

Güth, Werner; Ivanova-Stenzel, Radosveta; Königstein, … - 1999

We examine learning behavior in auctions and Fair division games with independent private values under two different price rules, first and second price. Participants face these four games repeatedly and submit complete bid functions rather than single bids. This allows us to examine whether...

Persistent link: https://www.econbiz.de/10009581102

Auctions and fair division games under different price rules : individual bid functions, prices and efficiency rates

Güth, Werner; Ivanova-Stenzel, Radosveta; Königstein, … - 1999

In auctions an outside seIler offers a commodity for sale and collects the revenue w hich is achieved. In fair division games the object is owned by the group of bidders. Consequently the auction's revenue is equally distributed among all bidders. In our experiment participants face four auction...

Persistent link: https://www.econbiz.de/10009582405

Auctions and fair division games : a cross-cultural bidding experiment

Ivanova-Stenzel, Radosveta - 2000

This paper presents the results of experiments carried out in two countries, Germany and Bulgaria, and for different allocation rules (first vs. second price auction vs. fair division game). The data analysis of the sealed-bid, private value-contests compares the bid function in both countries,...

Persistent link: https://www.econbiz.de/10009583890

An experimental comparison of the fairness models by Bolton and Ockenfels and by Fehr and Schmidt

Engelmann, Dirk; Strobel, Martin - 2000

In this note we present an experiment to compare the two competing fairness theories by Bolton / Ockenfels and Fehr / Schmidt. For most experiments that these theories have previously been applied to, they make similar predictions so that it is difficult to compare their predictive accuracy. We...

Persistent link: https://www.econbiz.de/10009583893

Trust and reciprocity in the investment game with indirect reward

Güth, Werner; Königstein, Manfred; Marchand, Nadège; … - 2000

Experimental studies have shown that trust and reciprocity are effective in increasing efficiency when complete contracting is infeasible. One example is the study by Berg et al. (1995) of the investment game. In this game the person who receives the investment is the one who may reward the...

Persistent link: https://www.econbiz.de/10009612013

Retributive responses

Güth, Werner; Kliemt, Hartmut; Ockenfels, Axel - 2001

Retributive responses do play a role in human behavior. Whether they are primarily triggered by supposed intentions or by observed consequences of actions is an important question. It can be addressed by experimental studies of retributive responses in situations in which the individual actor...

Persistent link: https://www.econbiz.de/10009612563

Fairness versus efficiency : an experimental study of (mutual) gift giving

Güth, Werner; Kliemt, Hartmut; Ockenfels, Axel - 2000

Fairness is a strong concern as shown by the robust results of dictator giving and ultimatum experiments. Efficiency, measured by the sum of individual payoffs, is another potential concern in games such as the prisoners’ dilemma and public good provision games. In our experiment participants...

Persistent link: https://www.econbiz.de/10009612570

Everyday representations of tax avoidance, tax evasion, and tax flight : do legal differences matter?

Kirchler, Erich; Maciejovsky, Boris; Schneider, Friedrich - 2001

From an economic point of view, legal considerations apart, tax avoidance, tax evasion and tax flight have similar effects, namely a reduction of revenue yields, and are based on the same desire to reduce the tax burden. Due to legal differences and moral concerns it is, however, likely that...

Persistent link: https://www.econbiz.de/10009614298