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Trading Goods versus Sharing Money- An Experiment Testing Whether Fairness and Efficiencyare Frame Dependent

Berninghaus, Siegfried K.; Güth, Werner; Kirstein, Annette - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

Systematic experiments with distribution games (for a survey, see Roth, 1995, ) haveshown that participants are strongly motivated by fairness and efficiency considerations.This evidence, however, results mainly from experimental designs asking directly for sharingmonetary rewards. But even when...

Persistent link: https://www.econbiz.de/10005866809

Experimental evidence of the importance of gender pairing in bargaining

Sutter, Matthias; Bosman, Ronald; Kocher, Martin; van … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003

We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses … retaliation and, thus, lower efficiency when the bargaining partners have the same gender than when they have the opposite gender …

Persistent link: https://www.econbiz.de/10005866879

On the Absorbability of the Guessing Game Theory -A Theoretical and Experimental Analysis

Morone, Andrea; Sandri, Serena; Uske, Tobias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006

absorptionand experimentally test the effects of informing none, some, or all playersabout how to derive equilibrium predictions. …

Persistent link: https://www.econbiz.de/10005866646

The Impact of Compulsory Arbitration on Bargaining Behavior: An Experimental Study

Kritikos, Alexander S. - 2005

A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and … interfer more with bargaining behavior than conventional arbitration where the bargaining behavior was similar to the no …-arbitration treatment. Under final offer arbitration, negotiators adjust their bargaining strategy to the arbitrator's expected award. …

Persistent link: https://www.econbiz.de/10010297233

Social Learning of Efficiency Enhancing TradeWith(out) Market Entry Costs - An ExperimentalStudy

Chlaß, Nadine; Güth, Werner; Vanberg, Christoph - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007

trades due to information asymmetries.In order to create a potential for social learning, we provide subjects with …

Persistent link: https://www.econbiz.de/10005866640

Ex Interim Voting in Public Good Provision

Fischer, Sven; Nicklisch, Andreas - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006

referendumunder full information about all contributions. If provision is rejected, contributionsare reduced by a fee and reimbursed …

Persistent link: https://www.econbiz.de/10005866711

Individual or team decision-making –Causes and consequences of self-selection

Kocher, Martin; Strauß, Sabine; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

Even though decision-making in small teams is pervasive in business and in private life, littleis known about subjects’ preferences with respect to individual and team decision-making andabout the consequences of respecting these preferences. We report the results from anexperimental...

Persistent link: https://www.econbiz.de/10005866770

Wages, Length of Relationship and Bargaining Power:An experimental study in a world of complete contracts

Dittrich, Dennis A. V. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

demand their wages, i. e.when they are in a relatively strong bargaining position. …

Persistent link: https://www.econbiz.de/10005866814

Tournaments for the endogenous allocating of prizes within workteams - Theory and experimental evidence

Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

We present a model where compensation within a workteam is determinedendogenously by the use of a rank-order tournament. Team memberscompete in their efforts for the right to propose the distribution of a prizewithin the team. The implementation of a proposal requires the approvalof other team...

Persistent link: https://www.econbiz.de/10005866847

The Decision Maker Matters: Individual versus Group Behaviour in Experimental Beauty-Contest Games

Kocher, Martin G.; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004

Economics has devoted little attention so far as to whether the type of decision maker matters for economic decisions. However, many important decisions like those on monetary policy or a company’s business strategy are made by (small) groups rather than an individual. We compare behaviour of...

Persistent link: https://www.econbiz.de/10005866848