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therefore conducted an experiment to see if people make the predicted strategic move. The experiment uses a simple bargaining …
Persistent link: https://www.econbiz.de/10005749599
Game theory predicts that players make strategic commitments that may appear counter-intuitive. We conducted an experiment to see if people make a counter-intuitive but strategically optimal decision to avoid information. The experiment is based on a sequential Nash demand game in which a...
Persistent link: https://www.econbiz.de/10010571506
confidential transactions. Bargaining can be considered to occur over a network that summarizes the structure of linkages among … people. We conduct an alternating-offer bargaining experiment using separate simple networks, which are then joined during … bargaining environments. Participants appear to grasp the essential characteristics of the networks and we observe a rather …
Persistent link: https://www.econbiz.de/10005771991
equitable. The present paper analyzes data from a novel experimental design to identify the underlying social preferences. Our … experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game … distribution and bargaining games from three seminal social preference experiments. …
Persistent link: https://www.econbiz.de/10011932915
In his classic article An Essay on Bargaining Schelling (1956) argues that ignorance might actually be strength rather … than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10010282588
Concessions try to avoid conflict in bargaining and can finally lead to an agreement. Although they usually are seen as … attempts. We experimentally compare three protocols of concession bargaining, the normal form or static one, the one where …
Persistent link: https://www.econbiz.de/10010252385
equitable. The present paper analyzes data from a novel experimental design to identify the underlying social preferences. Our … experiment compares one-shot and indefinite horizon versions of random-proposer majority bargaining (the Baron-Ferejohn game … and bargaining games from three seminal social preference experiments. …
Persistent link: https://www.econbiz.de/10011762571
In his classic article "An Essay on Bargaining" Schelling (1956) argues that ignorance might actually be strength … rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave bargaining experiment where the …
Persistent link: https://www.econbiz.de/10009371183
Considerable experimental evidence has been collected on how to solve the public-good dilemma. In a 'first generation' of experiments, this was done by presenting subjects with a pre-specified game out of a huge variety of rules. A 'second generation' of experiments introduced subjects to two...
Persistent link: https://www.econbiz.de/10005108453
-person bargaining game where the other party's gender is known to both actors. We find that (1) gender per se has no significant effect … and retaliation and, thus, lower efficiency when the bargaining partners have the same gender than when they have the …
Persistent link: https://www.econbiz.de/10010293381