Showing 61 - 70 of 625
Persistent link: https://www.econbiz.de/10014339376
Persistent link: https://www.econbiz.de/10009243177
Persistent link: https://www.econbiz.de/10009711292
Persistent link: https://www.econbiz.de/10009544509
This experimental study investigates two bargaining games with twosided incomplete information between a seller and a buyer. In the first game with no outside options many subjects do not use the incomplete information to their advantage as predicted. We find that a model with adjusting priors...
Persistent link: https://www.econbiz.de/10009737082
This paper studies the vulnerability of the pivotal mechanism with respect to manipulation by groups. In a lab experiment, groups decide on the implementation of various alternatives, some of which imply opposite interests for the two subgroups. We investigate the occurrence of tacit and...
Persistent link: https://www.econbiz.de/10009737525
Persistent link: https://www.econbiz.de/10003385269
Persistent link: https://www.econbiz.de/10008799080
In division problems with entitlements, we investigate whether fairness concerns overrule strategic behavior and inhibit full use of the decision-making power. In a lab experiment where entitlements are derived from costly contributions, we vary bargaining power by using either the majority rule...
Persistent link: https://www.econbiz.de/10012621410
Persistent link: https://www.econbiz.de/10001800834