Showing 1 - 10 of 12,166
Bilateral bargaining situations are often characterized by informational asymmetries concerning the size of what is at … of asymmetric information on proposer behavior in two different situations which allow for a variation of responder veto … compared to the dictator game is (marginally) smaller when the proposer is in the superior information position. Further we …
Persistent link: https://www.econbiz.de/10011623050
The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting …
Persistent link: https://www.econbiz.de/10011852503
by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining … mechanisms: unstructured bargaining, the Texas shoot-out, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …
Persistent link: https://www.econbiz.de/10014380287
We experimentally investigate the relevance of (asymmetric) outside options in ultimatum bargaining. Building on the …
Persistent link: https://www.econbiz.de/10010338950
place in the auction rendering the negotiation prior to the auction obsolete. An experimental test of the model provides …
Persistent link: https://www.econbiz.de/10010365906
We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options …
Persistent link: https://www.econbiz.de/10010191262
scope of an agreement. We design a lab experiment to study behavior across different information and bargaining structures … bargaining setting, are incomplete information, aggressive bargaining stances, or delay due to haggling. Interestingly, improving … in a multi-issue context. Consistent with recent theoretical advances, we find that having information solely on the …
Persistent link: https://www.econbiz.de/10012848706
Experimental studies of two-person sequential bargaining demonstrate that the concept of subgame perfection is not a … bargainers in two-person dyads coordinate their expectations on a bargaining convention and how this convention is supported by …
Persistent link: https://www.econbiz.de/10014132295
The present paper analyzes the dynamics of bargaining of the ultimatum game in presence of social differences amidst …
Persistent link: https://www.econbiz.de/10014026906
/2; if neither offer falls into the interval, there is no settlement. Comparisons are made with other bargaining mechanisms …
Persistent link: https://www.econbiz.de/10014043989