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We experimentally investigate the relevance of (asymmetric) outside options in ultimatum bargaining. Building on the generalized equity principle formulated by Selten (1978) we derive three different equity rules. These equity rules can explain 43% of all o ers. Our within-subject design allows...
Persistent link: https://www.econbiz.de/10010338950
Using non-cooperative game theory the effects of mediation on the divorce rate and on the utility of the spouses are analysed. Two kinds of mediation are considered: restricted mediation that reduces the costs of divorce and extended mediation that additionally may prevent divorces by...
Persistent link: https://www.econbiz.de/10010341096
We present the results of an experiment that measures social preferences within couples in a context where intra-household pay-off inequality can be reduced at the cost of diminishing household income. We measure social norms regarding this efficiency-equality trade-off and implement a...
Persistent link: https://www.econbiz.de/10010342891
We introduce the give-or-destroy game that allows us to fully elicit an individual s social preference schedule. We find that about one third of the population exhibits both pro-social and anti-social preferences that are independent of payoff comparisons with those who are affected. We call...
Persistent link: https://www.econbiz.de/10010480545
"The idea of a free gift economy has become important in the movement for alternative economics, however the connection with women and especially with mothers has not been widely understood. The conference "The Maternal Roots of the Gift Economy," held in Rome in 2015, brought together women and...
Persistent link: https://www.econbiz.de/10012162881
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fairness in the absence of monetary compensation, we consider random assignments and analyse various equity criteria for such …
Persistent link: https://www.econbiz.de/10010487727
We conducted an experiment on the nature of income sharing within 95 established couples in Germany. In a first step, the partners revealed their individual preferences by making consumption choices independently. In a second step, decisions were taken jointly over five different rounds with...
Persistent link: https://www.econbiz.de/10010491099