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Moral entitlements and aspiration formation in asymmetric bargaining : experimental evidence from Germany and China
Hennig-Schmidt, Heike; Walkowitz, Gari - In: Games 8 (2017) 4, pp. 1-25
Using a unique experimental data set, we investigate how asymmetric legal rights shape bargainers’ aspiration levels through moral entitlements derived from equity norms and number prominence. Aspiration formation is typically hard to observe in real life. Our study involves 15 negotiations...
Persistent link: https://www.econbiz.de/10011771180
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Equal split in the informal market for group train travel
Waichman, Israel; Korzhenevych, Artem; Requate, Tilman - 2010
. The bargaining behavior resembles the Ultimatum game to the extent that proposers request a fixed price for a shared ride … positions of the bargaining parties are hardly symmetric and the formation of the full group is not guaranteed. Using a simple … offer is made right before the train departure. -- Natural field experiment ; bargaining ; focal point ; equal split ; agent …
Persistent link: https://www.econbiz.de/10003983147
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Magna Carta
Desierto, Desiree; Hall, Jacob; Koyama, Mark - 2023
Magna Carta, a pivotal moment in the emergence of constitutional government, institutionalised constraints on royal power. We depict it as an optimal agreement between two coalitions capable of violence: the king's loyal coalition of barons and the rebel barons. This type of agreement is more...
Persistent link: https://www.econbiz.de/10014353308
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An experimental analysis of ending rules in Internet auctions
Ariely, Dan; Ockenfels, Axel; Roth, Alvin E. - 2003
A great deal of late bidding has been observed on internet auctions such as eBay, which employ a second price auction with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which employ similar auction rules, but use an ending rule that...
Persistent link: https://www.econbiz.de/10011508080
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Communication and reputation in procurement auctions : some empirical evidence
Heinrich, Timo - 2011
This paper studies the role of communication and reputation in market interactions using data from online procurement auctions. Not only positive reputation ratings but also engaging in communication increases a bidder’s probability of winning the auction. Messages are primarily used to reduce...
Persistent link: https://www.econbiz.de/10009124343
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An Experimental Analysis of Ending Rules in Internet Auctions
Ariely, Dan; Ockenfels, Axel; Roth, Alvin E. - 2015
A great deal of late bidding has been observed on internet auctions such as eBay, which employ a second price auction with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which employ similar auction rules, but use an ending rule that...
Persistent link: https://www.econbiz.de/10014029874
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An experimental analysis of ending rules in internet auctions
Ariely, Dan; Ockenfels, Axel; Roth, Alvin E. - 2003
A great deal of late bidding has been observed on internet auctions such as eBay, which employ a second price auction with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which employ similar auction rules, but use an ending rule that...
Persistent link: https://www.econbiz.de/10001783542
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Comparison of the Investment Behavior of German and Kazakhstani Farmers: an Experimental Approach
Tubetov, Dulat; Maart, Syster Christin; Musshoff, Oliver - 2012
Kazakhstan and Germany have different development levels of the agricultural sectors. One of the explanations for this fact might be the different investment behavior of farmers in the two countries. We experimentally analyze whether the investment behavior of farmers is consistent with the...
Persistent link: https://www.econbiz.de/10010330048
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Comparison of the investment behavior of German and Kazahkhstani farmers : an experimental approach
Tubetov, Dulat; Maart-Nölck, Syster Christin; … - 2012
Kazakhstan and Germany have different development levels of the agricultural sectors. One of the explanations for this fact might be the different investment behavior of farmers in the two countries. We experimentally analyze whether the investment behavior of farmers is consistent with the...
Persistent link: https://www.econbiz.de/10010235148
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Confidence and Career Choices : An Experiment
Barron, Kai - 2020
Confidence in one's own abilities is often seen as an important determinant of being successful. Empirical evidence about how such beliefs about one's own abilities causally influence choices is, however, sparse. In this paper, we use a stylized laboratory experiment to investigate the causal...
Persistent link: https://www.econbiz.de/10012824167