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We examine an evolutionary model of bargaining behavior in a society where resources are finite. Agents who develop … better strategies for bargaining and trading come to dominate the population. We show that successful agents exhibit loss …
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impossible. Using the video method (Hennig-Schmidt, 1999) I further show in a bargaining experiment that behavior is goal …Experimentally observed deviations of behavior from game theoretic predictions suggest that fairness does influence … decision making. Fairness in the sense of equality has become an essential element of economic models aiming at explaining …
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We conduct 3-person bargaining experiments in which the surplus being divided is produced by completing a prior task …. Using a Baron-Ferejohn framework, we investigate how differences in contributions to production affect bargaining under …
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), 'Distributive Justice, Welfare Economics, and the Theory of Fairness', Philosophy and Public Affairs, 4 (3), Spring, 223-47 -- 6 …), June, 653-60 -- 9. Ernst Fehr and Klaus M. Schmidt (1999), 'A Theory of Fairness, Competition, and Cooperation', Quarterly … Martin Sefton (1994), 'Fairness in Simple Bargaining Experiments', Games and Economic Behavior, 6 (3), May, 347-69 -- 32 …
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