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Games that appear to be independent, involving none of the same players, may be related by emotions of reciprocity … Kirchsteiger's model of sequential reciprocity (Games Econ Behav 47(2):268-298, 2004) to groups of individuals and define a new … 'sequential group reciprocity equilibrium' for which we prove its existence. We study the case of two games with two players in …
Persistent link: https://www.econbiz.de/10011994324
Different evaluators typically disagree how to rank different candidates since theycare more or less for the various qualities of the candidates. It is assumed that allevaluators submit vector bids assigning a monetary bid for each possible rank order.The rules must specify for all possible...
Persistent link: https://www.econbiz.de/10009248888
Persistent link: https://www.econbiz.de/10003880396
In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents' preferences. The solution must be fair and efficient under the constraint of the limited information available...
Persistent link: https://www.econbiz.de/10009506437
This paper presents the experimental results of a “Transcontinental Ultimatum Game” implemented between India and France. The bargaining took the form of standard ultimatum games, but in one treatment Indian subjects made offers to French subjects and, in another treatment, French subjects...
Persistent link: https://www.econbiz.de/10013134131
Departures from "economic man" behavior in many games in which fairness is a salient characteristic are now well … economic man model comes from experiments that provide direct tests of its distinguishing characteristic: indifference to the …
Persistent link: https://www.econbiz.de/10014185562
conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted …
Persistent link: https://www.econbiz.de/10011377115
complementarity and how it is influenced by fairness concern and information transparency. We base our setup on a structured … value of the deal approximately half-half with the buyer as a normative fairness benchmark. The buyers, on the other hand …, did not have a demand for fairness that was based on a fairness benchmark. …
Persistent link: https://www.econbiz.de/10015073214
behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
Persistent link: https://www.econbiz.de/10011299882
with unkind actions (negative reciprocity), while at the same time, it responds to kind behavior of rivals with kind … actions (positive reciprocity). We find that collusion is easier to sustain when firms have a concern for reciprocity towards … competing firms provided that they consider collusive prices to be kind and punishment prices to be unkind. Thus, reciprocity …
Persistent link: https://www.econbiz.de/10009753710