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The privately informed seller of a company sends a value message to the uninformed potential buyer who then proposes a price for the company. “Make-up” is measured by how much the true value is overstated, “Suspicion” by how much the price offer differs from the value message. Treatments...
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How are allocation results affected by information that another anonymous participant intends to be more or less generous? We explore this experimentally via two participants facing the same allocation task with only one actually giving after possible adjustment of own generosity based on the...
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In impunity games proposers, like allocators in dictator games, can take what they want; however, responders can refuse offers deemed unsatisfactory at own cost. We modify the impunity game via allowing offers to condition of another participant's counterfactual generosity intention. For a given...
Persistent link: https://www.econbiz.de/10012227729
In impunity games proposers, like allocators in dictator games, can take what they want; however, responders can refuse offers deemed unsatisfactory at own cost. We modify the impunity game via allowing offers to condition of another participant’s counterfactual generosity intention. For a...
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