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Final-offer arbitration is a procedure for settling disputes between two parties in which an arbitrator chooses the final offer of the party closest to what he considers a fair settlement. This procedure is modeled as a two-person, zero-sum game of imperfect information, in which the parties are...
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, one-round version of sequential bargaining games and then employ it to perform out-of-sample forecasts of multiple …-round games of various lengths, discount factors, pie sizes, and levels of bargainer experience. Except in circumstances in which …
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A common finding of the literature on dishonesty is that groups are more dishonest than individuals. We revisit this finding by making explicit the third-party harmed by subjects' dishonesty: a local charity. With this explicit third-party, we do not find groups to be more dishonest than...
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A common finding of the literature on dishonesty is that groups are moredishonest than individuals. We revisit this finding by making explicit thethird-party harmed by subjects' dishonesty: a local charity. With this explicitthird-party, we do not find groups to be more dishonest than...
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Groups are often found to be more rational than individuals. In lying games, this implies that groups are more …
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