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Charness, Gary; Dufwenberg, Martin - Nationalekonomiska institutionen, Stockholms Universitet - 2003

We examine, experimentally and theoretically, how communication within a partnership may mitigate the problem (highlighted in contract theory) of hidden action. What is the form and content of the communication? Which model of decision-making can capture the impact of communication? We consider...

Persistent link: https://www.econbiz.de/10005645507

Fair ultimatum: an experimental study of the Myerson value

NAVARRO, Noemí; VESZTEG, Róbert - Départment d'économétrie et d'économie politique … - 2007

and Perea (2005). This mechanism implements the Myerson value for networks, and therefore its outcome posesses fairness …

Persistent link: https://www.econbiz.de/10005650145

Racial differences in inequality aversion: Evidence from real world respondents in the ultimatum game

Griffin, John; Nickerson, David; Wozniak, Abigail - In: Journal of Economic Behavior & Organization 84 (2012) 2, pp. 600-617

groups perceive a particular exchange as fair. We investigate racial differences in fairness standards using preferences for …

Persistent link: https://www.econbiz.de/10010594596

Anonymity in the dictator game revisited

Franzen, Axel; Pointner, Sonja - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 74-81

Giving in the dictator game has often been interpreted as evidence of other-regarding preferences. We suspect that giving is determined by subjects’ attempts to appear fair in the eyes of recipients and the experimenter. Therefore, we investigate behavior in the dictator game by using the...

Persistent link: https://www.econbiz.de/10010597458

Unequal Outside Options in the Lost Wallet Game

Servátka, Maroš; Vadovic, Radovan - Department of Economics and Finance, College of … - 2009

Experimental evidence suggests the size of the foregone outside option of the first mover does not affect the behavior of the second mover in the lost wallet game. In this paper we experimentally compare the behavior of subjects when they face an outside option with unequal payoffs, i.e., the...

Persistent link: https://www.econbiz.de/10008577771

Demonstration of power: Experimental results on bilateral bargaining

Navarro, Noemí; Veszteg, Róbert F. - In: Journal of Economic Psychology 32 (2011) 5, pp. 762-772

We test the empirical effectiveness of two theoretical proposals to equilibrate bargaining power in bilateral bargaining. Our experimental design is based on the two-player versions of the multibidding game (Pérez-Castrillo & Wettstein, 2001) and the bid-and-propose game (Navarro & Perea,...

Persistent link: https://www.econbiz.de/10011051344

Microfoundations of social capital

Thöni, Christian; Tyran, Jean-Robert; Wengström, Erik - In: Journal of Public Economics 96 (2012) 7-8, pp. 635-643

for cooperation preferences rather than beliefs about others' cooperation. In contrast, the “fairness question”, a …

Persistent link: https://www.econbiz.de/10011056169

What Price Fairness? A Bargaining Study

Zwick, Rami; Chen, Xiao-Ping - EconWPA - 1999

' 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 …-cost bargainers to demand fairness and to persist in their demands was a function of how much it cost them to do so, and the degree to …

Persistent link: https://www.econbiz.de/10005556668

Compliance by believing: an experimental exploration on social norms and impartial agreements

Faillo, Marco; Ottone, Stefania; Sacconi, Lorenzo - Dipartimento di Economia e Management, Università … - 2008

The main contribution of this paper is twofold. First of all, it focuses on the decisional process that leads to the creation of a social norm. Secondly, it analyses the mechanisms through which subjects conform their behaviour to the norm. In particular, our aim is to study the role and the...

Persistent link: https://www.econbiz.de/10005465223

Self-serving use of equity rules in bargaining with asymmetric outside options : conference paper

Hennig-Schmidt, Heike; Irlenbusch, Bernd; Rilke, Rainer … - 2013

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