We report results from a laboratory experiment on strategic bargaining with indivisibilities studying the role of asymmetries, both in preferences and institutions. We find that subjects do not fully grasp the equilibrium effects asymmetries have on bargaining power and identify how subjects'...

In bargaining theory a usual assumption is either that of von Neumann-Morgenstern utility functions or that of continuous preferences. Recently we considered in Glycopantis a bargaining model which breaks away from this traditional treatment by employing lexicographic preferences of a...

We report on a large, pre-registered, experiment testing the role of moral preferences in the ultimatum and the impunity games, which vary the veto power of responders. We measure moral preferences in two ways: through a decision problem with real economic consequences (the trade-off game), and...