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higher rates of equitable bargaining behavior than would be expected based on rational self-interest. It has been argued that … prosocial motivations related to fairness are completely removed. In our experiment, the only reason to make a non-zero offer is … relied upon as a motivator in the context of inherently adversarial bargaining interactions …
Persistent link: https://www.econbiz.de/10014166293
France. The bargaining took the form of standard ultimatum games, but in one treatment Indian subjects made offers to French … subjects and, in another treatment, French subjects made offers to Indian subjects. We observed that French→Indian bargaining … taking into account the different marginal value of money for bargainers. In our model bargaining is driven by relative …
Persistent link: https://www.econbiz.de/10013134131
fairness considerations. Using two independent behavioral measurements, the authors tested two contradicting predictions: that … the preference for fairness is a deliberative cognitive-controlled act or that it is an automatic act. In Experiment 1 … Experiment 2, it took longer to accept than to reject unfair offers. These results suggest that fairness considerations operate …
Persistent link: https://www.econbiz.de/10014181014
This paper provides an argument for the advantage of a preference for identity-consistent behaviour from an evolutionary point of view. Within a stylised model of social interaction, we show that the development of cooperative social norms is greatly facilitated if the agents of the society...
Persistent link: https://www.econbiz.de/10010366516
sometimes yield “sophisticated sincerity”, where equilibrium voting behavior is indistinguishable from sincere voting. Under … political phenomena that ensued is presented. In the case of sophisticated voting over certain kinds of binary agendas, such as … behave leads to probabilistic voting models that typically yield utilitarian outcomes. Uncertainty among the voters over …
Persistent link: https://www.econbiz.de/10014024486
Persistent link: https://www.econbiz.de/10003880396
In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents' preferences. The solution must be fair and efficient under the constraint of the limited information available...
Persistent link: https://www.econbiz.de/10009506437
equilibrium strategies that look very much like human behaviour; altruism and fairness will be shown to feature in a natural way … in equilibrium. …
Persistent link: https://www.econbiz.de/10011327836
This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player's strategy, chooses differently in...
Persistent link: https://www.econbiz.de/10010350219
. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in …
Persistent link: https://www.econbiz.de/10011514175