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necessities of signalling are shown to generate very strong investment incentives. These incentives are based on the desire not to …
Persistent link: https://www.econbiz.de/10002812571
bargaining. This paper investigates the corresponding investment incentives if individuals have heterogeneous fairness …
Persistent link: https://www.econbiz.de/10014051881
Two deviations of alternating-offer bargaining behavior from economic theory are observed together, yet have been studied separately. Players who could secure themselves a large surplus share if bargainers were purely self-interested incompletely exploit their advantage. Delay in agreement...
Persistent link: https://www.econbiz.de/10009754119
in real life. Our study involves 15 negotiations from Germany and China. Over the course of the negotiation, bargainers … negotiations are characterized by long periods of stagnation, only minimal concessions, and the communication of false goals. By …
Persistent link: https://www.econbiz.de/10011771180
prosocial motivations related to fairness are completely removed. In our experiment, the only reason to make a non-zero offer is …
Persistent link: https://www.econbiz.de/10014166293
In many business transactions, in labor-management relations, in internationalconflicts, and welfare state reforms bargainers hold strong entitlements that are oftengenerated by claims that are not feasible any more. These entitlements seem to considerablyshape negotiation behavior. By using the...
Persistent link: https://www.econbiz.de/10011333887
Given the vital and controversial debate on fairness concerns in international climate negotiations, the acceptance of … international climate negotiations to address the question whether negotiating weights for different fairness concepts may enlarge … the bargaining space among heterogeneous agents and overcome the currently dominating self-interested use of fairness …
Persistent link: https://www.econbiz.de/10010357594
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
-serving biases concerning their fairness judgements. Moreover, psychological literature suggests that this can be a driving force of …
Persistent link: https://www.econbiz.de/10010439370