Showing 1 - 7 of 7
Weitzman, M.L. (2014. Can negotiating a uniform carbon price help to internalize the global warming externality? J. Assoc. Environ. Resour. Econ. 1: 29-49) proposed that focusing international climate negotiations on a uniform common commitment (such as a uniform carbon price) is more effective...
Persistent link: https://www.econbiz.de/10014436823
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
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
Economic decisions have been shown to depend on actual outcomes as well as perceived intentions. In this paper, we examine wether and how the relative importance of outcomes or intentions for economic decision develops with age. We report the resullt of ultimatum games with children, teens and...
Persistent link: https://www.econbiz.de/10005866901
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/10005867078