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To commit credibly in bargaining is crucial: In the ultimatum game with its one-sided early commitment power the “proposer” gets (nearly) the whole pie while the “responder” is left with (almost) nothing. When both parties commit simultaneously the (a)symmetric Nash(1950)-bargaining...
Persistent link: https://www.econbiz.de/10005765121
We examine the strategic behavior of first and second movers in a two party bargaining game with uncertain information transmission. When the first mover states her demand she does only know the probability with which the second mover will be informed about it. If the second mover is informed,...
Persistent link: https://www.econbiz.de/10005765159
There is robust field data showing that a frequent and successful way of looking for a job is via the intermediation of friends and relatives. Here we want to explore this experimentally. Participants first play a simple public good game with two interaction partners ("friends"), and share...
Persistent link: https://www.econbiz.de/10005587996
A two-persons bargaining problem often consists of initially incompatible demands that can be unilaterally reduced by sequential concessions. In a 2 x 2 x 2 - factorial design we distinguish between reliable and unreliable concessions, between a static and dynamic settings and between symmetric...
Persistent link: https://www.econbiz.de/10005588003