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generalized equity principle formulated by Selten (1978) we derive three different equity rules. These equity rules can explain 43 …% of all o ers. Our within-subject design allows us to show that proposers apply the equity rules in a self-serving manner …
Persistent link: https://www.econbiz.de/10010338950
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can … explain 43% of all offers. Our within-subject design further allows us to show that proposers use different equity rules and …
Persistent link: https://www.econbiz.de/10010191262
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can … explain 43% of all offers. Our within-subject design further allows us to show that proposers use different equity rules and …
Persistent link: https://www.econbiz.de/10013074889
evidence that they also encourage reciprocity. Keyword(s): Reciprocity; Retribution; Fairness; Non-binding contracts …
Persistent link: https://www.econbiz.de/10014141311
than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10010282588
rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10009517429
rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10013118529
It has been shown that participants in the dictator game are less willing to give money to the other participant when their choice set also includes the option to take money. We examine whether this effect is due to the choice set providing a signal about entitlements in a setting where...
Persistent link: https://www.econbiz.de/10011041625
retribution, where retribution is more compelling than reciprocity. The equal division principle is the dominant fairness norm …
Persistent link: https://www.econbiz.de/10004968245
Broken Windows: the metaphor has changed New York and Los Angeles. Yet it is far from undisputed whether the broken windows policy was causal for reducing crime. In a series of lab experiments we show that first impressions are indeed causal for cooperativeness in three different institutional...
Persistent link: https://www.econbiz.de/10010267001