Showing 1 - 10 of 1,187
Parties in a bargaining situation may perceive guilt, a utility loss caused by receiving the larger share that is modeled in some social preferences. I extend Rubinstein (1982)'s solution of the open-ended alternating-offer bargaining problem for self-interested bargainers to a game with equally...
Persistent link: https://www.econbiz.de/10011108407
Bargainers in an open-ended alternating-offer bargaining situation may perceive envy, a utility loss caused by receiving the smaller share that is modeled in some social preferences in addition to self-interest. I extend Rubinstein (1982)'s original solution of the bargaining problem for two...
Persistent link: https://www.econbiz.de/10011112839
of fairness and thus may change sellers’ decisions. We conduct ultimatum game experiments in which only the sellers are …
Persistent link: https://www.econbiz.de/10011110716
. Through controlled experiments, we examine sequential choice architectures that enable the choice set to remain large while …
Persistent link: https://www.econbiz.de/10011114030
social preferences, e.g., fairness, intention-based, guilt-aversion, cannot offer satisfactory explanations of our findings …
Persistent link: https://www.econbiz.de/10011260700
be generous, what is the motive, i.e., either they fear rejection or do they have a preference for fairness, and (iii) Is …, would show a greater concern for fairness rather than fear of rejection. As is evident, the results of this study prove …
Persistent link: https://www.econbiz.de/10011259998
The need for justification is a widely observed social phenomenon. This paper develops a theoretical framework and reports laboratory evidence to show how pure justification pressure affects cooperative behavior in economic exchange environments. In a one-shot anonymous interaction, compared...
Persistent link: https://www.econbiz.de/10009422008
experiments. …
Persistent link: https://www.econbiz.de/10011170136
We report laboratory data on earned wealth effects in a series of anonymous dictator games. In addition to a standard (baseline) treatment in which wealth was determined by the experimenter, we conduct treatments in which either the dictator or the receiver earned wealth used in the subsequent...
Persistent link: https://www.econbiz.de/10005836258
in laboratory experiments, this paper identifies two tests, the Variety Test (ability of a model to explain outcomes … across different experiments and designs can be made through predicting its impact on equity-bias. All aspects of an … individual’s behavior, such as altruism, fairness, reciprocity, self-serving bias, kindness, intentions etc, manifest itself in …
Persistent link: https://www.econbiz.de/10005108450