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account well for the observed fairness and cooperation in all the tested games. The impressive predictions of the theory … promoting fairness and cooperation in the discussed games is only marginal. Strikingly, the Golden Ratio, known for its … alternating offers, and the sequential CPR dilemma game. The emergence of the golden ratio as the fairness solution in these games …
Persistent link: https://www.econbiz.de/10013252726
Offer and the Exit variant - in terms of fairness and efficiency. To assess the fairness of the allocations obtained by … elicited in a hypothetical fairness question, and we evaluate them from an impartial point of view using spectators' responses …
Persistent link: https://www.econbiz.de/10010194818
We experimentally investigate the relevance of (asymmetric) outside options in ultimatum bargaining. Building on the 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...
Persistent link: https://www.econbiz.de/10010338950
I explore possible impacts of reciprocal preferences on participation in international environmental agreements. Reciprocal countries condition their willingness to abate on others' abatement. No participation is always stable. A full or majority coalition can be stable, provided that...
Persistent link: https://www.econbiz.de/10010400178
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of lottery tickets, which is inconsistent with either ex ante or ex post fairness. In contrast, responders have a … significantly higher acceptance threshold, which is consistent with ex post fairness. By varying the timing of the accept …
Persistent link: https://www.econbiz.de/10012828297
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...
Persistent link: https://www.econbiz.de/10010191262
We investigate the effects of voting rules on delay in a multilateral bargaining experiment with costly communication. Our design is based on a variant of the Baron-Ferejohn framework. Communication takes place after a proposer is selected and before a proposal is made. In contrast to prior...
Persistent link: https://www.econbiz.de/10012230174
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