Showing 1 - 10 of 17
Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
This paper examines the nature and extent of global and regional income distribution and inequality using the most recent country level data on income distribution drawn from World Bank and UNU-WIDER studies for the period 1993-2000. The methodology used is a recently developed technique to fit...
Persistent link: https://www.econbiz.de/10010284787
Gini coefficient for the global distribution of wealth is 0.804, and the share of the top 10 per cent is 71 per cent … cent. Between-country differences in wealth are two-thirds of global inequality according to the Gini coefficient …
Persistent link: https://www.econbiz.de/10010284881
A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and final offer arbitration. Under no arbitration disputes with zero payoffs were around 10%, while the pie was equally split in less than half of the cases. Under conventional...
Persistent link: https://www.econbiz.de/10010297233
The last two decades of the twentieth century recorded a slowdown in health gains and widespread increases in health inequality across and within countries. The paper explores the causes of such trends on the basis of five main mortality models. To do so, it regresses IMR/LEB on 15 determinants...
Persistent link: https://www.econbiz.de/10010273481
This paper juxtaposes changes over the last forty years in income growth and distribution with the mortality changes recorded at the aggregate level in about 170 countries and at the individual level in 26 countries with at least two demographic and health surveys covering the last twenty years....
Persistent link: https://www.econbiz.de/10010284725
This paper introduces two composite indices of globalization. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalization and show how globalization has developed over time for different...
Persistent link: https://www.econbiz.de/10010284828
Several division rules have been proposed in the literature regarding how anarbiter should divide a bankrupt estate. Different rules satisfy different sets ofaxioms, but all rules satisfy claims boundedness which requires that no contributorbe given more than her initial contribution. This paper...
Persistent link: https://www.econbiz.de/10005866654
In a large scale newspaper experiment 5,132 readers of the German weekly, Die Zeit, participated in a three-person bargaining game. In our data analysis we focus on (1) the influence of age, gender, profession and the medium chosen for participation on bargaining behavior and on (2) the external...
Persistent link: https://www.econbiz.de/10005866720
A simple two-person distribution game similar to the ultimatumgame is introduced. However, unlike the standard ultimatumgame, responders can determine the payoff for the proposerin case of rejection. Therefore, they can express their concerns inmonetary quantities. The experimental data are...
Persistent link: https://www.econbiz.de/10005866759