Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...

Unter Ökonomen besteht weitgehend Einigkeit darüber, daß Geldpolitik langfristig keine realwirtschaftlichen Effekte hat. Nach diesem bekannten Neutralitätsergebnis führt ein höheres Geldmengenwachstum langfristig lediglich zu höherer Inflation bei unveränderter Beschäftigung. Diese...

How do people trade off efficiency against equality concerns? To study this question, we conducted a modified mini ultimatum game (N=120) in which proposers were asked to choose between offering 8:2 and y:y, y∈{5, 4.5, 4,.., 0.5}; all offers in Euro. According to the data, 58 of 60 proposers...

This book constitutes the refereed proceedings of the 17th International Conference on Group Decision and Negotiation, GDN 2017, held in Stuttgart, Germany, in August 2017. The field of Group Decision and Negotiation focuses on decision processes with at least two participants and a common goal...