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inequalities can arise in the time as well as in the social dimension. The results of our experiment show that for equal monetary …
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trembling-hand perfect equilibrium under selfish preferences even towards the end of our experiment. The likely reasons for our …
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This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the market are pairwise matched to share the gains from trade. The bargaining outcome depends on the traders’ fairness attitudes. In equilibrium fairness matters because of market...
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averse preferences, as in Fehr and Schmidt (1999). We conduct an artefactual ultimatum game experiment with registered …
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We explore the relation between social political identity and prosociality. We first construct a theoretical model to generate predictions for the behavior of players in an ultimatum game who are influenced by social political identity. Then we use a novel subject pool-registered members of...
Persistent link: https://www.econbiz.de/10011906247
How are allocation results affected by information that another anonymous participant intends to be more or less generous? We explore this experimentally via two participants facing the same allocation task with only one actually giving after possible adjustment of own generosity based on the...
Persistent link: https://www.econbiz.de/10011849321