This paper looks at household welfare distribution among two-income couples from three social strata in Izmir, Turkey. A simple explicit two-stage dynamic game theory model is developed to determine if an egalitarian intra-household distribution under certain circumstances is consistent even...

We investigate the support for extreme right across societies of different levels of openness in Europe. Societal openness is defined as a greater tendency to accept universal vis-àvis traditional values, and is expected to catalyze and filter the socioeconomic factors that affect the vote...

A recurring puzzle in bargaining experiments is that individuals under–respond to changes in their bargaining position, compared to the predictions of standard bargaining theories. Nearly all of these results have come from settings with bargaining power allocated exogenously, so that...

We use a human–subjects experiment to investigate how bargaining outcomes are affected by changes in the bargainers’ disagreement payoffs. Subjects play one of two bargaining games – a standard simultaneous–move Nash demand game, or a related unstructured bargaining game – against...

We investigate gender differences in responding to contingent rewards by exploiting a natural experiment in junior tennis tournaments in Florida where the ranking point system was revised to induce more players to play doubles. The new point system increased the points earned from wins in...

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...