Showing 1 - 10 of 23
. Laboratory experiments confirm that the availability of the random device partially eliminates conflicts when agents are …
Persistent link: https://www.econbiz.de/10009323518
-binding, proposers offer nothing and conflicts always arise. Laboratory experiments confirm that binding side-payments reduce conflicts …
Persistent link: https://www.econbiz.de/10008693684
-binding, proposers offer nothing and conflicts always arise. Laboratory experiments confirm that binding side-payments reduce conflicts …
Persistent link: https://www.econbiz.de/10010666054
We design an experiment to explore the impact of earned entitlements on the frequency and intensity of conflicts in a two-stage bargaining and conflict game with side-payments. In this game, residents (Proposers) make side-payment offers and contestants (Responders) decide whether to accept the...
Persistent link: https://www.econbiz.de/10010817376
experiments have consistently found high levels of overbidding in contests, one might suspect that double-elimination tournaments … generating theoretically equivalent expected aggregate investment. This paper reports a set of laboratory experiments designed to …
Persistent link: https://www.econbiz.de/10010817395
Commitment problems are inherent to non-binding conflict resolution mechanisms, since an unsatisfied party can ignore the resolution and initiate conflict. We provide experimental evidence suggesting that even in the absence of binding contractual agreements individuals often avoid conflict by...
Persistent link: https://www.econbiz.de/10010817424
Due to the high costs of conflict both in theory and practice, we examine and experimentally test the conditions under which conflict between asymmetric agents can be resolved. We model conflict as a two-agent rent-seeking contest for an indivisible prize. Before conflict arises, both agents may...
Persistent link: https://www.econbiz.de/10010817427
Due to the high costs of conflict both in theory and practice, we examine and experimentally test the conditions under which conflict between asymmetric agents can be resolved. We model conflict as a two-agent rent-seeking contest for an indivisible prize. Before conflict arises, both agents may...
Persistent link: https://www.econbiz.de/10010817437
Due to the high costs of conflict both in theory and practice, we examine and experimentally test the conditions under which conflict between asymmetric agents can be resolved. We model conflict as a two-agent rent-seeking contest for an indivisible prize. Before conflict arises, both agents may...
Persistent link: https://www.econbiz.de/10011048067
non-binding, proposers offer nothing and conflicts always arise. Laboratory experiments confirm that binding side …
Persistent link: https://www.econbiz.de/10009647549