Showing 1 - 10 of 2,686
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the … market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes …. In equilibrium fairness matters because of market frictions. But, when these frictions become negligible, the equilibrium …
Persistent link: https://www.econbiz.de/10012648091
Persistent link: https://www.econbiz.de/10009726202
Persistent link: https://www.econbiz.de/10012100303
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10011398368
Persistent link: https://www.econbiz.de/10010419575
Persistent link: https://www.econbiz.de/10011296493
Persistent link: https://www.econbiz.de/10003291183
Persistent link: https://www.econbiz.de/10001691845
Persistent link: https://www.econbiz.de/10001745693
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10001590591