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In two-person generosity games, the proposer’s agreement payoff is exogenously given, whereas that of the responder is endogenously determined by the proposer’s choice of the pie size. In three-person generosity games, equal agreement payoffs for two of the players are either exogenously...
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Starting from Schelling (1960), several game theorists have conjectured that payoff equity might facilitate … this line, we propose a selection principle called Equity (EQ), which selects the equilibrium in pure strategies minimizing …-subjects experimental design, furthermore, we study the relative performance of the equity principle in six simple 2x2 coordination games …
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