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We study a model in which agents endowed with power compete for a divisible resource by forming coalitions with other … agents. The coalition with the greatest power wins the resource and divides it among its members via proportional sharing. We … conduct an economic experiment using this model to investigate possible behavioral factors that may explain deviations from …
Persistent link: https://www.econbiz.de/10012062323
. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we …
Persistent link: https://www.econbiz.de/10011299882
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...
Persistent link: https://www.econbiz.de/10009751380
We present a three-player game in which a proposer makes a suggestion on how to split $10 with a passive responder. The offer is accepted or rejected depending on the strategy pro le of a neutral third-party whose payoffs are independent from his decisions. If the offer is accepted the split...
Persistent link: https://www.econbiz.de/10010413243
We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how …
Persistent link: https://www.econbiz.de/10013167956
consequences? In a laboratory experiment, we study three different quota rules that favor individuals whose performance is low …
Persistent link: https://www.econbiz.de/10012208323
consequences? In a laboratory experiment, we study three different quota rules that favor individuals whose performance is low …
Persistent link: https://www.econbiz.de/10012210412
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Persistent link: https://www.econbiz.de/10013365940
consequences? In a laboratory experiment, we study three different quota rules in tournaments that favor individuals whose …
Persistent link: https://www.econbiz.de/10013482644