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Persistent link: https://www.econbiz.de/10014306870
We implement waiting time as a currency in an ultimatum game in an experimental laboratory study. Subjects had to split 60 minutes of waiting time. We analyze bargaining behavior in varying situations connected to waiting time as well as gain and loss framing. Different situations that follow...
Persistent link: https://www.econbiz.de/10011707289
We experimentally investigate the relevance of (asymmetric) outside options in ultimatum bargaining. Building on the generalized equity principle formulated by Selten (1978) we derive three different equity rules. These equity rules can explain 43% of all o ers. Our within-subject design allows...
Persistent link: https://www.econbiz.de/10010338950
substantial effects on behavior. -- Exclusion ; bargaining ; ultimatum game ; social preferences ; experiment …
Persistent link: https://www.econbiz.de/10009374355
response behavior. -- experiment ; social preferences ; Exclusion ; bargaining ; ultimatum game …
Persistent link: https://www.econbiz.de/10009412371
We embed an ultimatum game in a stylized legal bargaining framework. This changes the framing of the standard ultimatum game in several ways, but also moves the bargaining closer to what is found in some naturally occurring settings. In this context, the ultimatum game is played over the joint...
Persistent link: https://www.econbiz.de/10014068542
prosocial motivations related to fairness are completely removed. In our experiment, the only reason to make a non-zero offer is …
Persistent link: https://www.econbiz.de/10014166293
inhibit full use of the decision-making power. In a lab experiment where entitlements are derived from costly contributions …In division problems with entitlements, we investigate whether fairness concerns overrule strategic behavior and … very coarse measures for assessing whether entitlements are respected under both rules. For inexperienced subjects, we find …
Persistent link: https://www.econbiz.de/10012873008
averse preferences, as in Fehr and Schmidt (1999). We conduct an artefactual ultimatum game experiment with registered …
Persistent link: https://www.econbiz.de/10012240327
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