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) stage. Fairness considerations will reduce the correlation between first-stage offers and the size of the remaining pie, but … relationship is apparent in the data, which suggests the importance of fairness considerations. A theoretical model of asymmetric …. The parameters representing "envy," "guilt," and logit errors are all significant, and the resulting model produces the …
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Parties in a bargaining situation may perceive guilt, a utility loss caused by receiving the larger share that is … problem for self-interested bargainers to a game with equally patient bargainers that exhibit a similar degree of guilt. The … bargaining parties still reach agreement in the first period. If guilt is strong, they split the bargaining surplus equally. In …
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depending on whether their preferences exhibit desert elation or desert guilt. Our notion of desert generalizes distributional … guilt generates a continuum of symmetric equilibria. Equilibrium effort can lie above or below the level in the absence of … desert, so desert guilt generates behavior consistent with both positive and negative reciprocity and may underpin social …
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) and advantageous inequality aversion (or guilt) from 26 articles in economics, psychology, neuroscience and computer … interval [0:240; 0:620]; the mean guilt coefficient is 0:290 with a 95% probability that the true value lies in the interval [0 …
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sequence in order to improve fairness. …
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