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We exploit a controlled frameless laboratory experiment to study settlement negotiations and the plaintiff's decision …
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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...
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theoretic analysis, the study of the spontaneous behavior of subjects in a game playing experiment, and the investigation of … strategies programmed by highly experienced subjects in a strategy experiment. The two different experimental approaches allow to …
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