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bargaining is decentralised. Additionally, both firms produce the same output, whereas the profit is higher under the price …-setting firm than the quantity-setting firm when bargaining is centralised. …
Persistent link: https://www.econbiz.de/10014426325
In many bargaining situations, the distribution of seats or voting weights does not accurately reflect bargaining power … at gender differences in bargaining behavior and in the effect of nominal weights. We find that women and men differ in …
Persistent link: https://www.econbiz.de/10013171871
willing to form price agreements are more likely to be less competitive and pick higher prices in general. To test this …
Persistent link: https://www.econbiz.de/10012547790
This paper reconsiders evidence from experimental common pool resource games from the perspective of a model of payoff sampling. Despite being parameter-free, the model is able to replicate some striking features of the data, including single-peaked frequency distributions, the persistent use of...
Persistent link: https://www.econbiz.de/10011316535
With a laboratory experiment, we study the impact of buy-options and the corresponding buy-price on revenues and bidding behavior in (online) proxy-auctions with independent private valuations. We show that temporary buy-options may reduce revenues for two reasons: At low buy-prices, the...
Persistent link: https://www.econbiz.de/10011453215
We investigate the role of framing, inequity in initial endowments and history in shaping behavior in a corrupt transaction by extending the one-shot bribery game introduced by Cameron et al. (2009) to a repeated game setting. We find that the use of loaded language significantly reduces the...
Persistent link: https://www.econbiz.de/10011515620
I experimentally investigate how vague language changes the nature of communication in a biased strategic information transmission game. Counterintuitively, when both precise and imprecise messages can be sent, in aggregate, senders are more accurate, and receivers trust them more than when only...
Persistent link: https://www.econbiz.de/10013367782
We experimentally investigate whether individuals are more likely to engage in dishonest behavior after having experienced unfairness perpetrated by an individual with a salient group identity. Two individuals generate an endowment together, but only one can decide how to share it. They either...
Persistent link: https://www.econbiz.de/10011709208
Is the willingness to make trades influenced by how the total gains from trade are split between the trading partners? We present results from a bilateral trade game (n = 128) where all participants were price-takers and trading pairs faced one of three exogenously imposed trading prices. The...
Persistent link: https://www.econbiz.de/10012168600
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising …
Persistent link: https://www.econbiz.de/10009785461