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Bargaining under incomplete information, fairness, and the hold-up problem

Siemens, Ferdinand von (contributor) - 2005

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 Under Incomplete Information, Fairness, and the Hold-Up Problem

von Siemens, Ferdinand - 2011

bargaining. This paper investigates the corresponding investment incentives if individuals have heterogeneous fairness …

Persistent link: https://www.econbiz.de/10014051881

Rethinking the Fairness Hypothesis : Procedural Justice in Simple Bargaining Games

Shor, Mikhael - 2007

view of fairness than past experiments, considering both distributive justice (how much I get) and procedural justice (the … reason to do so, implying an innate concern with procedural justice. Second, divisions in these games are much more equitable … the fairness hypothesis (arguing that fairness concerns would lead to similar distributions in the ultimatum and dictator …

Persistent link: https://www.econbiz.de/10014047994

A Rawlsian View of CSR and the Game Theory of its Implementation (Part II) : Fairness and Equilibrium

Sacconi, Lorenzo - 2013

selecting just one fair reputation equilibrium amongst the many possible. Elaborating on Binmore’s Natural Justice (2005) (but … justice within a game theoretical perspective, this task is accomplished from the ex ante (under the ‘veil of ignorance … would then be ready to give up fairness and extended fiduciary duties in order to achieve nothing more than the most …

Persistent link: https://www.econbiz.de/10014185260

Gift Exchange and Workers' Fairness Concerns : When Equality is Unfair

Abeler, Johannes - 2009

particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by …

Persistent link: https://www.econbiz.de/10013158119

Gift exchange and workers' fairness concerns : when equality is unfair

Abeler, Johannes; Altmann, Steffen; Kube, Sebastian; … - 2009

particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by …

Persistent link: https://www.econbiz.de/10003854042

Gift exchange and workers' fairness concerns : when equality is unfair

Abeler, Johannes; Altmann, Steffen; Kube, Sebastian; … - 2009

particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by …

Persistent link: https://www.econbiz.de/10003863658

Relational contracts and inequity aversion

Kragl, Jenny (contributor); Schmid, Julia (contributor) - 2006

We study the effects of envy on the feasibility of relational contracts in a standard moral hazard setup with two agents. Performance is evaluated via an observable, but non-contractible signal which reflects the agent's individual contribution to firm value. Both agents exhibit disadvantageous...

Persistent link: https://www.econbiz.de/10003402360

An equilibrium analysis of Knaster’s fair division procedure

Van Essen, Matthew - In: Games 4 (2013) 1, pp. 21-37

In an incomplete information setting, we analyze the sealed bid auction proposed by Knaster (cf. Steinhaus (1948)). This procedure was designed to efficiently and fairly allocate multiple indivisible items when participants report their valuations truthfully. In equilibrium, players do not...

Persistent link: https://www.econbiz.de/10009753712

An ultimatum game with multidimensional response strategies

Güth, Werner; Levati, M. Vittoria; Nardi, Chiara; … - 2014

We enrich the choice task of responders in ultimatum games by allowing them to independently decide whether to collect what is offered to them and whether to destroy what the proposer demanded. Such a multidimensional response format intends to cast further light on the motives guiding responder...

Persistent link: https://www.econbiz.de/10010395127