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We report three pre-registered studies (total N=1,799) exploring the effect of nudging personal and injunctive norms in decisions that involve a trade-off between objective equality and efficiency. The first two studies provide evidence that: (i) nudging the personal norm has a similar effect to...
Persistent link: https://www.econbiz.de/10014093181
This chapter surveys recent models of coalition and network formation in a unified framework. Comparisons are drawn among various procedures of network and coalition formation, involving simultaneous and sequential moves. The survey also covers models of group and network formation by farsighted...
Persistent link: https://www.econbiz.de/10014025687
and more than one hundred foreign governments have created a CI office tasked to reveal information about competitors … astounding. Theft of proprietary business information costs Fortune 1000 firms approximately $100 billion annually, and a single … - and in particular CE - imposes externalities on firms that lose information wars and reallocates the benefits of …
Persistent link: https://www.econbiz.de/10014026349
Three studies show that negotiators consistently underestimate the size of the bargaining zone in distributive negotiations (the small pie bias) and, by implication, overestimate the share of the surplus they claim (the large slice bias). We explain the results by asymmetric disconfirmation:...
Persistent link: https://www.econbiz.de/10014027233
We study two-sided many-to-one matching markets with transferable utilities, e.g., labor and rental housing markets, in which money can exchange hands between agents, subject to distributional constraints on the set of feasible allocations. In such markets, we establish the efficiency of...
Persistent link: https://www.econbiz.de/10013296003
We propose a solution concept for social environments called social rationalizability with mediation that identifies the consequences of common knowledge of rationality and farsightedness. In a social environment several coalitions may and could be willing to move at the same time. Individuals...
Persistent link: https://www.econbiz.de/10013306878
Since the 1930s, the fundamental tenet of American labor law has been the government should foster employee organization and regulate industrial relations to promote equity in bargaining between employers and employees and to promote industrial peace. Those who enacted our basic labor laws, as...
Persistent link: https://www.econbiz.de/10014065236
We develop a model of wage determination with private information, in which the union has the option to delegate the … of wage-maximizing delegates, even when the wage bargaining with private information is close to one with complete … information. However, if it is commonly known that the union is stronger than the firm and the demand is sufficiently elastic …
Persistent link: https://www.econbiz.de/10014067341
in industry. We assume tier-wise negotiations, sole sourcing within each tier, complete local information, and horizontal …
Persistent link: https://www.econbiz.de/10014045118
Unfair deals, which are prevalent, do not serve the interests of the harmed party to a deal nor society more generally. This article proposes a theory — here coined ‘deal theory’ — to explain ‘dealor’ behaviours and motivations for offering unfair deals. The theory builds on insights...
Persistent link: https://www.econbiz.de/10014165976