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We use a human–subjects experiment to investigate how bargaining outcomes are affected by changes in bargainers’disagreement payoffs. Subjects bargain against changing opponents, with an asymmetric disagreement outcome that varies over plays of the game. Both bargaining parties are informed...
Persistent link: https://www.econbiz.de/10009394007
We use a laboratory experiment to study bargaining in the presence of random arbitration. Two players make simultaneous demands; if compatible, each receives the amount demanded as in the standard Nash demand game. If bargainers’ demands are incompatible, then rather than bargainers receiving...
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This paper looks at household welfare distribution among two-income couples from three social strata in Izmir, Turkey. A simple explicit two-stage dynamic game theory model is developed to determine if an egalitarian intra-household distribution under certain circumstances is consistent even...
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We use a human-subjects experiment to investigate how bargaining outcomes are affected by changes in bargainers’ disagreement payoffs. Subjects bargain against changing opponents, with randomly drawn asymmetric disagreement outcomes that vary over plays of the game, and with complete...
Persistent link: https://www.econbiz.de/10010866247
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