Goeree, Jacob K.; Holt, Charles A. - University of Virginia, Department of Economics
) 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 …