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in real life. Our study involves 15 negotiations from Germany and China. Over the course of the negotiation, bargainers …
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Experimental studies show that the Nash equilibrium and its refinements are poor predictors of behavior in non-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard game theory predictions. However, those models...
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We investigate the effects of voting rules on delay in a multilateral bargaining experiment with costly communication …
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