Experiments on bilateral bargaining in markets

Tutic A, Pfau S, Casajus A (2011)
Theory and Decision 70(4): 529-546.

Zeitschriftenaufsatz | Veröffentlicht | Englisch
 
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Autor*in
Tutic, Andreas; Pfau, Stefan; Casajus, AndréUniBi
Abstract / Bemerkung
We present experimental data on a simple market game. Several solution concepts from cooperative game theory are applied to predict the observed payoff distributions. Notably, a recently introduced solution concept meant to capture the influence of outside options on the payoff distribution within groups fares better than most other solution concepts under consideration. Our results shed some light on the effects of scarcity relations on markets on bargaining outcomes within negotiating dyads.
Stichworte
Experiment; Gloves game; Outside options; TU games
Erscheinungsjahr
2011
Zeitschriftentitel
Theory and Decision
Band
70
Ausgabe
4
Seite(n)
529-546
ISSN
0040-5833
eISSN
1573-7187
Page URI
https://pub.uni-bielefeld.de/record/2093595

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Tutic A, Pfau S, Casajus A. Experiments on bilateral bargaining in markets. Theory and Decision. 2011;70(4):529-546.
Tutic, A., Pfau, S., & Casajus, A. (2011). Experiments on bilateral bargaining in markets. Theory and Decision, 70(4), 529-546. https://doi.org/10.1007/s11238-010-9231-6
Tutic, A., Pfau, S., and Casajus, A. (2011). Experiments on bilateral bargaining in markets. Theory and Decision 70, 529-546.
Tutic, A., Pfau, S., & Casajus, A., 2011. Experiments on bilateral bargaining in markets. Theory and Decision, 70(4), p 529-546.
A. Tutic, S. Pfau, and A. Casajus, “Experiments on bilateral bargaining in markets”, Theory and Decision, vol. 70, 2011, pp. 529-546.
Tutic, A., Pfau, S., Casajus, A.: Experiments on bilateral bargaining in markets. Theory and Decision. 70, 529-546 (2011).
Tutic, Andreas, Pfau, Stefan, and Casajus, André. “Experiments on bilateral bargaining in markets”. Theory and Decision 70.4 (2011): 529-546.

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