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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/10010329126

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

Hennig-Schmidt, Heike; Irlenbusch, Bernd; Rilke, Rainer … - Institute for the Study of Labor (IZA) - 2013

Persistent link: https://www.econbiz.de/10010884149

Performance pay and the erosion of worker cooperation: field experimental evidence

Burks, Stephen V.; Carpenter, Jeffrey P.; Goette, Lorenz - 2006

We report the results of a field experiment with bicycle messengers in Switzerland and the United States. Messenger work is individualized enough that firms can choose to condition pay on it, but significant externalities in messenger behavior nonetheless give their on-the-job interactions the...

Persistent link: https://www.econbiz.de/10010267460

Tipping and residential segregation: a unified schelling model

Zhang, Junfu - 2009

This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...

Persistent link: https://www.econbiz.de/10010271313

In search of stars: network formation among heterogeneous agents

Goeree, Jacob K.; Riedl, Arno; Ule, Aljaz - 2005

This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a star structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast, with …

Persistent link: https://www.econbiz.de/10010267578

Social networks

de Martí, Joan; Zenou, Yves - 2009

network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does …

Persistent link: https://www.econbiz.de/10010275834

Learning from a piece of pie: the empirical content of Nash bargaining

Chiappori, Pierre-André; Donni, Olivier - 2006

Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is described by a set of parameters [lamda] that may affect agents' preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an agreement...

Persistent link: https://www.econbiz.de/10010268107

Does bargaining matter in the small firm matching model?

L'Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - 2010

search-matching economies. Second, our results show that even though the traditional results of bargaining theory apply in …

Persistent link: https://www.econbiz.de/10010274621

Learning from a Piece of Pie: The Empirical Content of Nash Bargaining

Chiappori, Pierre-André; Donni, Olivier - Institute for the Study of Labor (IZA) - 2006

Consider a model of bargaining, in which two players, 1 and 2, share a pie of size y. The bargaining environment is described by a set of parameters ? that may affect agents’ preferences over the agreement sharing, the status quo outcome, or both. The outcomes (i.e., whether an agreement is...

Persistent link: https://www.econbiz.de/10005233879

Does Bargaining Matter in the Small Firm Matching Model?

L'Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - Institute for the Study of Labor (IZA) - 2010

search-matching economies. Second, our results show that even though the traditional results of bargaining theory apply in …

Persistent link: https://www.econbiz.de/10008564709