Showing 1 - 3 of 3
We conduct an experimental analysis of bargaining under asymmetric information, where the dispute resolution mechanism can be interpreted as either a civil trial or conventional arbitration. In our treatment, we allow for credible and costless transmission of private information. Consistent with...
Persistent link: https://www.econbiz.de/10005832396
We embed an ultimatum game in a stylized legal bargaining framework. This changes the framing of the standard ultimatum game in several ways but also moves the bargaining closer to what is found in some naturally occurring settings. In this context, the ultimatum game is played over the joint...
Persistent link: https://www.econbiz.de/10008646521
Persistent link: https://www.econbiz.de/10006270759