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Telling the truth may not pay off : an empirical study of centralised university admissions in Germany
Braun, Sebastian (contributor); Dwenger, Nadja (contributor) - 2007
We investigate the matching algorithm used by the German central clearinghouse for university admissions (ZVS) in … criteria applied for admission they all make use of priority matching. In priority matching schemes, it is not a dominant … applicants, we are able to detect some amount of strategic behaviour which can lead to inefficient matching. Alternative ways to …
Persistent link: https://www.econbiz.de/10003672772
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An experimental study of voting with costly delay
Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2015
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10011336977
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On the impact of quotas and decision rules in ultimatum collective bargaining
Feicht, Robert; Grimm, Veronika; Rau, Holger A.; … - 2015
We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all treatments a proposer has to divide a pie among herself and two groups of three recipients each. She cannot discriminate within, but across groups. A committee with representatives...
Persistent link: https://www.econbiz.de/10011387570
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Would i care if i knew? : image concerns and social confirmation in giving
Kritikos, Alexander; Tan, Jonathan H. W. - 2014
This paper experimentally investigates the nature of image concerns in gift giving. For this, we test variants of dictator and impunity games where the influences of social preferences on behavior are kept constant across all games. Givers maximize material payoffs by pretending to be fair when...
Persistent link: https://www.econbiz.de/10010462679
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Self-serving use of equity rules in bargaining with asymmetric outside options
Hennig-Schmidt, Heike; Irlenbusch, Bernd; Rilke, Rainer … - 2013
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...
Persistent link: https://www.econbiz.de/10010191262
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How asymmetrically increasing joint strike costs need not lead to fewer strikes
Pantsios, Archontis L.; Polachek, Solomon W. - 2017
The "joint costs" model states that the incentive to strike is inversely related to the total costs associated with workers' and firms' strike activities. Not only has this model been tested with mixed results, but also the joint costs model is problematic in explaining several stylized facts in...
Persistent link: https://www.econbiz.de/10011641774
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Voting as a war of attrition
Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2018
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
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A general measure of bargaining power for non-cooperative games
Görlach, Joseph-Simon; Motz, Nicolas - 2024
Despite recent advances, no general methods for computing bargaining power in non-cooperative games exist. We propose a number of axioms such a measure should satisfy and show that they characterise a unique function. The principle underlying this measure is that the influence of a player can be...
Persistent link: https://www.econbiz.de/10014492228
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Competing with asking prices
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10009696885
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Stable matching on the job? : theory and evidence on internal talent markets
Cowgill, Bo; Davis, Jonathan; Montagnes, Pablo B.; … - 2024
their match. We study two prevalent approaches for matching within organizations: Centralized assignment by firm leaders and …
Persistent link: https://www.econbiz.de/10014529840