IDEAS home Printed from https://ideas.repec.org/a/eee/jeborg/v32y1997i3p365-381.html
   My bibliography  Save this article

The rationality of splitting equally

Author

Listed:
  • Bolton, Gary E.

Abstract

No abstract is available for this item.

Suggested Citation

  • Bolton, Gary E., 1997. "The rationality of splitting equally," Journal of Economic Behavior & Organization, Elsevier, vol. 32(3), pages 365-381, March.
  • Handle: RePEc:eee:jeborg:v:32:y:1997:i:3:p:365-381
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0167-2681(96)00026-1
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rubinstein, Ariel, 1982. "Perfect Equilibrium in a Bargaining Model," Econometrica, Econometric Society, vol. 50(1), pages 97-109, January.
    2. Chatterjee, Kalyan & Samuelson, Larry, 1990. "Perfect Equilibria in Simultaneous-Offers Bargaining," International Journal of Game Theory, Springer;Game Theory Society, vol. 19(3), pages 237-267.
    3. Bolton, Gary E, 1991. "A Comparative Model of Bargaining: Theory and Evidence," American Economic Review, American Economic Association, vol. 81(5), pages 1096-1136, December.
    4. Ochs, Jack & Roth, Alvin E, 1989. "An Experimental Study of Sequential Bargaining," American Economic Review, American Economic Association, vol. 79(3), pages 355-384, June.
    5. Selten, Reinhard, 1983. "Evolutionary stability in extensive two-person games," Mathematical Social Sciences, Elsevier, vol. 5(3), pages 269-363, September.
    6. Young H. P., 1993. "An Evolutionary Model of Bargaining," Journal of Economic Theory, Elsevier, vol. 59(1), pages 145-168, February.
    7. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    8. Roth, Alvin E. & Malouf, Michael W. K. & Murnighan, J. Keith, 1981. "Sociological versus strategic factors in bargaining," Journal of Economic Behavior & Organization, Elsevier, vol. 2(2), pages 153-177, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Torstensson, Pär, 2005. "Evolutionary Stability in Bargaining with an Asymmetric Breakdown Point," Working Papers 2005:38, Lund University, Department of Economics.
    2. Esat Cetemen & Emin Karagözoğlu, 2014. "Implementing equal division with an ultimatum threat," Theory and Decision, Springer, vol. 77(2), pages 223-236, August.
    3. Pull, Kerstin, 1999. "What is the fair wage? A model of as-if-co-operation," Quint-Essenzen 58, University of Trier, Institute for Labour Law and Industrial Relations in the European Community (IAAEG).
    4. Colin F. Camerer & Gideon Nave & Alec Smith, 2019. "Dynamic Unstructured Bargaining with Private Information: Theory, Experiment, and Outcome Prediction via Machine Learning," Management Science, INFORMS, vol. 65(4), pages 1867-1890, April.
    5. Emin Karagözoğlu & Kerim Keskin & Çağrı Sağlam, 2023. "(In)efficiency and equitability of equilibrium outcomes in a family of bargaining games," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(1), pages 175-193, March.
    6. Bianchi, Ana Maria, 1998. "Are Brazilian Economists Different?," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 52(3), July.
    7. Friedel Bolle & Philipp E. Otto, 2022. "Voting behavior under outside pressure: promoting true majorities with sequential voting?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 58(4), pages 711-740, May.
    8. Abraham, Martin, 2007. "Wann werden Löhne als gerecht eingeschätzt? : eine tauschtheoretische Betrachtung der Lohngerechtigkeit auf dem Arbeitsmarkt (When are wages evaluated as fair? : a look at wage fairness on the labor m," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 40(1), pages 9-22.
    9. Abraham, Martin, 2007. "Wann werden Löhne als gerecht eingeschätzt? : eine tauschtheoretische Betrachtung der Lohngerechtigkeit auf dem Arbeitsmarkt (When are wages evaluated as fair? : a look at wage fairness on the labor m," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 40(1), pages 9-22.
    10. Abraham, Martin, 2007. "Wann werden Löhne als gerecht eingeschätzt? : eine tauschtheoretische Betrachtung der Lohngerechtigkeit auf dem Arbeitsmarkt (When are wages evaluated as fair? : a look at wage fairness on the labor m," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 40(1), pages 9-22.
    11. Bolton, Gary E. & Katok, Elena, 1998. "Reinterpreting Arbitration's Narcotic Effect: An Experimental Study of Learning in Repeated Bargaining," Games and Economic Behavior, Elsevier, vol. 25(1), pages 1-33, October.
    12. Lopomo, Giuseppe & Ok, Efe A, 2001. "Bargaining, Interdependence, and the Rationality of Fair Division," RAND Journal of Economics, The RAND Corporation, vol. 32(2), pages 263-283, Summer.
    13. Steven T. Schwartz & Richard A. Young, 2002. "A Laboratory Investigation of Verification and Reputation Formation in a Repeated Joint Investment Setting," Contemporary Accounting Research, John Wiley & Sons, vol. 19(2), pages 311-342, June.
    14. Heller, Yuval, 2014. "Stability and trembles in extensive-form games," Games and Economic Behavior, Elsevier, vol. 84(C), pages 132-136.
    15. Church, Bryan K. & Zhang, Ping, 1999. "Bargaining behavior and payoff uncertainty: Experimental evidence," Journal of Economic Psychology, Elsevier, vol. 20(4), pages 407-429, August.
    16. Matthew McGinty & Garrett Milam & Alejandro Gelves, 2012. "Coalition Stability in Public Goods Provision: Testing an Optimal Allocation Rule," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(3), pages 327-345, July.
    17. Grohn, Jan & Huck, Steffen & Valasek, Justin Mattias, 2014. "A note on empathy in games," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 383-388.
    18. Giorgio Coricelli, 2002. "Sequence Matters: an Experimental Study of the Effects of Experiencing Positive and Negative Reciprocity," Department of Economics University of Siena 369, Department of Economics, University of Siena.
    19. Tschoegl, Adrian E., 2010. "The international diffusion of an innovation: The spread of decimal currency," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(1), pages 100-109, January.
    20. Carpenter, Jeffrey P., 2003. "Is fairness used instrumentally? Evidence from sequential bargaining," Journal of Economic Psychology, Elsevier, vol. 24(4), pages 467-489, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Colin F. Camerer & Gideon Nave & Alec Smith, 2019. "Dynamic Unstructured Bargaining with Private Information: Theory, Experiment, and Outcome Prediction via Machine Learning," Management Science, INFORMS, vol. 65(4), pages 1867-1890, April.
    2. Güth, Werner & Kocher, Martin G., 2014. "More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 396-409.
    3. Charness, Gary & Kuhn, Peter, 2011. "Lab Labor: What Can Labor Economists Learn from the Lab?," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 3, pages 229-330, Elsevier.
    4. Nejat Anbarci & Nick Feltovich, 2013. "How responsive are people to changes in their bargaining position? Earned bargaining power and the 50–50 norm," EcoMod2013 5855, EcoMod.
    5. Lopomo, Giuseppe & Ok, Efe A, 2001. "Bargaining, Interdependence, and the Rationality of Fair Division," RAND Journal of Economics, The RAND Corporation, vol. 32(2), pages 263-283, Summer.
    6. Pope, Devin G. & Pope, Jaren C. & Sydnor, Justin R., 2015. "Focal points and bargaining in housing markets," Games and Economic Behavior, Elsevier, vol. 93(C), pages 89-107.
    7. Giuseppe Lopomo & Efe A Ok, 2004. "Bargaining, Interdependence and the Rationality of Fair Division," Levine's Bibliography 122247000000000395, UCLA Department of Economics.
    8. Nejat Anbarci & Nick Feltovich, 2013. "How sensitive are bargaining outcomes to changes in disagreement payoffs?," Experimental Economics, Springer;Economic Science Association, vol. 16(4), pages 560-596, December.
    9. Samuelson, Larry, 1996. "Bounded rationality and game theory," The Quarterly Review of Economics and Finance, Elsevier, vol. 36(Supplemen), pages 17-35.
    10. Christopher Bruce & Jeremy Clark, 2010. "The Efficiency of Direct Public Involvement in Environmental Policymaking: An Experimental Test," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 45(2), pages 157-182, February.
    11. Christian Ewerhart, 2006. "The Effect of Sunk Costs on the Outcome of Alternating-Offers Bargaining Between Inequity-Averse Agents," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 58(2), pages 184-203, April.
    12. In-Koo Cho & Akihiko Matsui, 2012. "A Dynamic Foundation of the Rawlsian Maxmin Criterion," Dynamic Games and Applications, Springer, vol. 2(1), pages 51-70, March.
    13. Hanato, Shunsuke, 2019. "Simultaneous-offers bargaining with a mediator," Games and Economic Behavior, Elsevier, vol. 117(C), pages 361-379.
    14. Binmore, Ken & Osborne, Martin J. & Rubinstein, Ariel, 1992. "Noncooperative models of bargaining," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 7, pages 179-225, Elsevier.
    15. Kjell Hausken, 1997. "Game-theoretic and Behavioral Negotiation Theory," Group Decision and Negotiation, Springer, vol. 6(6), pages 511-528, December.
    16. Steven Hackett & Dean Dudley & James Walker, 1994. "5. Heterogeneities, Information and Conflict Resolution: Experimental Evidence on Sharing Contracts," Journal of Theoretical Politics, , vol. 6(4), pages 495-525, October.
    17. Rami Zwick & Xiao-Ping Chen, 1999. "What Price Fairness? A Bargaining Study," Management Science, INFORMS, vol. 45(6), pages 804-823, June.
    18. Oliver Kirchkamp & Ulrike Vollstädt, 2012. "Bargaining with Two-Person-Groups - On the Insignificance of the Patient Partner," Jena Economics Research Papers 2012-043, Friedrich-Schiller-University Jena.
    19. Sigbjørn Birkeland & Bertil Tungodden, 2014. "Fairness motivation in bargaining: a matter of principle," Theory and Decision, Springer, vol. 77(1), pages 125-151, June.
    20. Sawa, Ryoji, 2021. "A prospect theory Nash bargaining solution and its stochastic stability," Journal of Economic Behavior & Organization, Elsevier, vol. 184(C), pages 692-711.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jeborg:v:32:y:1997:i:3:p:365-381. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jebo .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.