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This paper reports the results of a cross-country comparison between Austria andJapan for an experimental 3-personcoalition formation ultimatum game. The experimental design allows thecomparison with respect to three decisions. (i)The coalition decision, (ii) proposers' demand behavior in 2- and...
Persistent link: https://www.econbiz.de/10011301151
This paper reports the results of experiments involving a 3-person coalition formation game with an ultimatum bargaining character. The grand coalition was always the efficient coalition decision, whereas the values of the 2-person coalitions are varied such that they lead to an efficiency loss...
Persistent link: https://www.econbiz.de/10009711650
Persistent link: https://www.econbiz.de/10002612914
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This paper investigates experimentally the impact of reciprocal fairness considerations in multilateral bargaining and coalition formation. The consequences for effciency and the distribution of wealth are analyzed. The results show that reciprocal fairness indeed deeply affects the effciency...
Persistent link: https://www.econbiz.de/10014123593
This paper reports the results of experiments involving a 3-person coalition formation game with an ultimatum bargaining character. The grand coalition was always the efficient coalition, whereas the values of the 2-person coalitions are varied such that they lead to an efficiency loss in the...
Persistent link: https://www.econbiz.de/10005450719
Persistent link: https://www.econbiz.de/10005413478
This paper reports the results of a cross-country comparison between Austria and Japan for an experimental 3-person coalition formation ultimatum game. The experimental design allows the comparison with respect to three decisions. (i) The coalition decision, (ii) proposers' demand behavior in 2-...
Persistent link: https://www.econbiz.de/10005281999