We report an experiment designed to study bargaining behavior between one buyer and multiple sellers with … complementarity and how it is influenced by fairness concern and information transparency. We base our setup on a structured … alternating-offer bargaining model in which a buyer procures complementary items from two heterogeneous sellers with endogenous …

The results of Ultimatum Game experiments are often quoted as evidence for the role of fairness in bargaining or in … economic behaviour more generally. This paper argues that the observed fairness levels are contingent on the traditional … opponent repeatedly. This finding is not expected by the traditional fairness hypothesis. A detailed analysis of the dynamics …

We conduct multi-person one-shot ultimatum games that reflect important aspects of collective bargaining. In all …

the bargaining game. The paper's main focus is on the agreement outcomes, the average payoffs, the concession behavior and …

Our study concerns bargaining behavior in situations where one party is in a stronger position than the other. We …' concern for fairness, and the tradeoff the disadvantaged player makes between pursuing a fair outcome from a disadvantaged … weak players persist in seeking "fairness" is also a function of how much it (potentially) costs them to do so. Students …

Video taped group decision experiments on a two-person investment game were used to elicit the motivational structure …