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Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options

Hennig‐Schmidt, Heike - 2013

We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …

Persistent link: https://www.econbiz.de/10013074889

Conrads, Julian - 2011

rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength …

Persistent link: https://www.econbiz.de/10013118529

The Impact of Distributional Preferences on (Experimental) Markets for Expert Services

Kerschbamer, Rudolf - 2009

Credence goods markets suffer from inefficiencies arising from informational asymmetries between expert sellers and customers. While standard theory predicts that inefficiencies disappear if customers can verify the quality received, verifiability fails to yield efficiency in experiments with...

Persistent link: https://www.econbiz.de/10013153013

The Economics of Credence Goods : On the Role of Liability, Verifiability, Reputation and Competition

Dulleck, Uwe - 2009

Credence goods markets are characterized by asymmetric information between sellers and consumers that may give rise to …

Persistent link: https://www.econbiz.de/10012764487

'Buy-it-Now' or 'Sell-it-Now' Auctions : Effects of Changing Bargaining Power in Sequential Trading Mechanisms

Grebe, Tim - 2015

We study experimentally the effect of bargaining power in two sequential mechanisms that offer the possibility to trade … at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … effects of bargaining power on aggregate outcomes. There is, however, substantial heterogeneity within sellers. Sellers who …

Persistent link: https://www.econbiz.de/10013009500

Diagnostic Uncertainty and Insurance Coverage in Credence Goods Markets

Balafoutas, Loukas; Fornwagner, Helena; Kerschbamer, Rudolf - 2021

framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic …

Persistent link: https://www.econbiz.de/10013314990

Racial Differences in Inequality Aversion : Evidence from Real World Respondents in the Ultimatum Game

Griffin, John D. - 2011

in three states and merged with information on neighborhood income and racial composition. We experimentally vary …

Persistent link: https://www.econbiz.de/10013128219

Group Membership, Competition, and Altruistic Versus Antisocial Punishment : Evidence from Randomly Assigned Army Groups

Goette, Lorenz - 2010

We investigate how group boundaries, and the economic environment surrounding groups, affect altruistic cooperation and punishment behavior. Our study uses experiments conducted with 525 officers in the Swiss Army, and exploits random assignment to platoons. We find that, without competition...

Persistent link: https://www.econbiz.de/10013137793

The Effect of Religion on Cooperation and Altruistic Punishment : Experimental Evidence from Public Goods Experiments

Akay, Alpaslan - 2011

This paper experimentally examines how religious festivals and the degree of religiosity affect cooperation and altruistic punishment by using public goods experiments. We conducted the experiments in Turkey at different points in time; one on the most religious day during Ramadan (the Night of...

Persistent link: https://www.econbiz.de/10013117607

New Insights into Conditional Cooperation and Punishment from a Strategy Method Experiment

Cheung, Stephen L. - 2011

This paper introduces new experimental designs to enrich understanding of conditional cooperation and punishment in public good games. The key to these methods is to elicit complete contribution or punishment profiles using the strategy method. It is found that the selfish bias in conditional...

Persistent link: https://www.econbiz.de/10013125147

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