We use a human–subjects experiment to investigate how bargaining outcomes are affected by changes in bargainers’disagreement payoffs. Subjects bargain against changing opponents, with an asymmetric disagreement outcome that varies over plays of the game. Both bargaining parties are informed...

We use a laboratory experiment to study bargaining in the presence of random arbitration. Two players make simultaneous demands; if compatible, each receives the amount demanded as in the standard Nash demand game. If bargainers’ demands are incompatible, then rather than bargainers receiving...

Using a competitive search (price-posting) model, Lester (2011) shows that improving buyers’ price information can counter-intuitively lead to higher prices. We test this result using a lab experiment. Moving from 0 to 1uninformed buyers leads to higher prices in both 2(seller)x2(buyer) and...

Numerous studies have looked at the factors that influence the likelihood of successful coordination. Two of the most important factors are the size of the group and whether communication is possible. To our knowledge, there has been no systematic study of the interaction between group size and...

In a recent paper in Journal of Economic Behavior and Organization, Croson (2000) shows that when subjects' beliefs about the contributions of others are elicited in a voluntary contributions public goods game, those subjects contribute less than do other subjects in the same game when beliefs...