Showing 1 - 10 of 7,254
changes in preferences for fairness, rather than bargaining ability. Younger children make and accept smaller ultimatum …We study the development of bargaining behavior in children age seven through 18, using ultimatum and dictator games …. We find that bargaining behavior changes substantially with age and that most of this change appears to be related to …
Persistent link: https://www.econbiz.de/10014029855
This paper considers the possibility of efficient trade in bilateral bargaining through an informed broker. I propose a …
Persistent link: https://www.econbiz.de/10012903483
Persistent link: https://www.econbiz.de/10003652270
Persistent link: https://www.econbiz.de/10010493989
Persistent link: https://www.econbiz.de/10001657663
surplus is more equitable compared to the case with a purely selfish worker. Moreover, the optimal contract with bargaining … approaches the welfare-optimal contract as the parties' bargaining power converges. Our results help explain why workers are … imply that raising the bargaining power of the less powerful party may increase welfare …
Persistent link: https://www.econbiz.de/10010341624
fairness. We arrive at this conclusion through an empirical investigation of the implications of three models, considered in … model; and a fairness based model. In the latter model, voters are interested in banning what they view to be unfair … transactions, with the notion of fairness based on comparisons to the "going" unskilled wage. We use data on minimum wages set in …
Persistent link: https://www.econbiz.de/10003964315
Persistent link: https://www.econbiz.de/10000642576
Persistent link: https://www.econbiz.de/10003867195
particular, we analyze how horizontal fairness concerns affect performance and efficiency in an environment characterized by …
Persistent link: https://www.econbiz.de/10003854042