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Envy is often the cause of mutually harmful outcomes. We experimentally study the impact of envy in a bargaining setting in which there is no conflict in material interests: a proposer, holding the role of residual claimant, chooses the size of the pie to be shared with a responder, whose share...
Persistent link: https://www.econbiz.de/10011048077
This article examines the nature of human behavior in a nested socialdilemma referred to as the Spillover Game. Players are divided into twogroups with positive production interdependencies. Based on theoreticallyderived opportunistic, local, and global optima, our experimental...
Persistent link: https://www.econbiz.de/10009022157
Most research in economics models agents somehow motivated by out-comes. Here, we model agents motivated by procedures instead, whereprocedures are dened independently of an outcome. To that end, wedesign procedures which yield the same expected outcomes or carry thesame information on other's...
Persistent link: https://www.econbiz.de/10009022177
Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to provide a, probably subjectively colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we discuss extensions of the standard ultimatum...
Persistent link: https://www.econbiz.de/10011116852
Although one may hope to achieve equality of stated profits withoutenforcing it, one may not trust in such voluntary equality seeking andrather try to impose rules (of bidding) guaranteeing it.[...]
Persistent link: https://www.econbiz.de/10009022159
their bids, which project to implement. Previous experiments with (only) costly projects have demonstrated that the …
Persistent link: https://www.econbiz.de/10011116845
generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness, we derive a bidding … outsiders but not forming multiple communities. We justify procedural fairness but acknowledge that the outsider problem …
Persistent link: https://www.econbiz.de/10011116861
Like avoiding labor protection laws via foreign subcontractors, banning deception in economic experiments does not … exclude experiments with participants in the role of experimenters who, similar to properly incentivized subcontractors, can …
Persistent link: https://www.econbiz.de/10011048110
Persistent link: https://www.econbiz.de/10009753322
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