Demonstration of power: Experimental results on bilateral bargaining
Author
Abstract
Suggested Citation
DOI: 10.1016/j.joep.2011.06.003
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Gneezy, Uri & Rustichini, Aldo, 2000.
"A Fine is a Price,"
The Journal of Legal Studies, University of Chicago Press, vol. 29(1), pages 1-17, January.
- Uri Gneezy & Aldo Rustichini, 2000. "A fine is a price," Natural Field Experiments 00258, The Field Experiments Website.
- Navarro, Noemí & Perea, Andrés, 2001. "Bargaining in networks and the myerson value," UC3M Working papers. Economics we016121, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory of Fairness, Competition, and Cooperation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(3), pages 817-868.
- Fehr, Ernst & Schmidt, Klaus M., . "A theory of fairness, competition, and cooperation," Chapters in Economics,, University of Munich, Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, "undated". "A Theory of Fairness, Competition and Cooperation," IEW - Working Papers 004, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst & Schmidt, Klaus M., 1999. "A theory of fairness, competition, and cooperation," Munich Reprints in Economics 20650, University of Munich, Department of Economics.
- Fehr, Ernst & Schmidt, Klaus M., 1998. "A Theory of Fairness, Competition and Cooperation," CEPR Discussion Papers 1812, C.E.P.R. Discussion Papers.
- Perez-Castrillo, David & Wettstein, David, 2001.
"Bidding for the Surplus : A Non-cooperative Approach to the Shapley Value,"
Journal of Economic Theory, Elsevier, vol. 100(2), pages 274-294, October.
- David Pérez-Castrillo & David Wettstein, "undated". "Bidding For The Surplus: A Non-Cooperative Approach To The Shapley Value," UFAE and IAE Working Papers 461.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Richard D. Mckelvey & Thomas R. Palfrey, 1996.
"A Statistical Theory Of Equilibrium In Games,"
The Japanese Economic Review, Japanese Economic Association, vol. 47(2), pages 186-209, June.
- McKelvey, Richard D. & Palfrey, Thomas R., "undated". "A Statistical Theory of Equilibrium in Games," Working Papers 955, California Institute of Technology, Division of the Humanities and Social Sciences.
- Carpenter, Jeffrey P., 2003. "Is fairness used instrumentally? Evidence from sequential bargaining," Journal of Economic Psychology, Elsevier, vol. 24(4), pages 467-489, August.
- Yi, Kang-Oh, 2005. "Quantal-response equilibrium models of the ultimatum bargaining game," Games and Economic Behavior, Elsevier, vol. 51(2), pages 324-348, May.
- Roth, Alvin E. & Erev, Ido, 1995. "Learning in extensive-form games: Experimental data and simple dynamic models in the intermediate term," Games and Economic Behavior, Elsevier, vol. 8(1), pages 164-212.
- Roger B. Myerson, 1977.
"Graphs and Cooperation in Games,"
Mathematics of Operations Research, INFORMS, vol. 2(3), pages 225-229, August.
- Roger B. Myerson, 1976. "Graphs and Cooperation in Games," Discussion Papers 246, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Axel Ockenfels & Gary E. Bolton, 2000. "ERC: A Theory of Equity, Reciprocity, and Competition," American Economic Review, American Economic Association, vol. 90(1), pages 166-193, March.
- Rabin, Matthew, 1993.
"Incorporating Fairness into Game Theory and Economics,"
American Economic Review, American Economic Association, vol. 83(5), pages 1281-1302, December.
- Matthew Rabin., 1992. "Incorporating Fairness into Game Theory and Economics," Economics Working Papers 92-199, University of California at Berkeley.
- M. Rabin, 2001. "Incorporating Fairness into Game Theory and Economics," Levine's Working Paper Archive 511, David K. Levine.
- Gale, John & Binmore, Kenneth G. & Samuelson, Larry, 1995. "Learning to be imperfect: The ultimatum game," Games and Economic Behavior, Elsevier, vol. 8(1), pages 56-90.
- Forsythe Robert & Horowitz Joel L. & Savin N. E. & Sefton Martin, 1994. "Fairness in Simple Bargaining Experiments," Games and Economic Behavior, Elsevier, vol. 6(3), pages 347-369, May.
- Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Chessa, Michela & Hanaki, Nobuyuki & Lardon, Aymeric & Yamada, Takashi, 2022.
"The effect of choosing a proposer through a bidding procedure in implementing the Shapley value,"
Journal of Economic Psychology, Elsevier, vol. 93(C).
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "The effect of choosing a proposer through a bidding procedure in implementing the Shapley value," ISER Discussion Paper 1176r, Institute of Social and Economic Research, Osaka University, revised Aug 2022.
- Michela Chessa & Nobuyuki Hanaki & Aymeric Lardon & Takashi Yamada, 2022. "The effect of choosing a proposer through a bidding procedure in implementing the Shapley value," Post-Print hal-03907377, HAL.
- Navarro, Noemí & Veszteg, Róbert F., 2020.
"On the empirical validity of axioms in unstructured bargaining,"
Games and Economic Behavior, Elsevier, vol. 121(C), pages 117-145.
- Noemí Navarro & Róbert F. Veszteg, 2020. "On the empirical validity of axioms in unstructured bargaining," Post-Print hal-02873121, HAL.
- Geller, Chris R. & Mustard, Jamie & Shahwan, Ranya, 2013. "Focused power: Experiments, the Shapley-Shubik power index, and focal points," Economics Discussion Papers 2013-42, Kiel Institute for the World Economy (IfW Kiel).
- Priyodorshi Banerjee & Sujoy Chakravarty & Sanmitra Ghosh, 2016. "Partner Selection and the Division of Surplus: Evidence from Ultimatum and Dictator Experiments," Games, MDPI, vol. 7(1), pages 1-18, January.
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.- 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.
- Werner Güth & Martin G. Kocher, 2013. "More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature," CESifo Working Paper Series 4380, CESifo.
- Werner Güth & Martin G. Kocher, 2013. "More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature," Jena Economics Research Papers 2013-035, Friedrich-Schiller-University Jena.
- Klempt Charlotte & Pull Kerstin & Stadler Manfred, 2019.
"Asymmetric Information in Simple Bargaining Games: An Experimental Study,"
German Economic Review, De Gruyter, vol. 20(1), pages 29-51, February.
- Charlotte Klempt & Kerstin Pull & Manfred Stadler, 2019. "Asymmetric Information in Simple Bargaining Games: An Experimental Study," German Economic Review, Verein für Socialpolitik, vol. 20(1), pages 29-51, February.
- Klempt, Charlotte & Pull, Kerstin & Stadler, Manfred, 2017. "Asymmetric information in simple bargaining games: An experimental study," University of Tübingen Working Papers in Business and Economics 97, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
- Noemí Navarro & Róbert Veszteg, 2008. "Threats and demonstrations of power: experimental results on bilateral bargaining," Working Papers 2008-11, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
- Yi, Kang-Oh, 2005. "Quantal-response equilibrium models of the ultimatum bargaining game," Games and Economic Behavior, Elsevier, vol. 51(2), pages 324-348, May.
- van Damme, Eric & Binmore, Kenneth G. & Roth, Alvin E. & Samuelson, Larry & Winter, Eyal & Bolton, Gary E. & Ockenfels, Axel & Dufwenberg, Martin & Kirchsteiger, Georg & Gneezy, Uri & Kocher, Martin G, 2014. "How Werner Güth's ultimatum game shaped our understanding of social behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 292-318.
- Armin Falk & Michael Kosfeld, "undated".
"Distrust - The Hidden Cost of Control,"
IEW - Working Papers
193, Institute for Empirical Research in Economics - University of Zurich.
- Falk, Armin & Kosfeld, Michael, 2004. "Distrust - The Hidden Cost of Control," CEPR Discussion Papers 4512, C.E.P.R. Discussion Papers.
- Falk, Armin & Kosfeld, Michael, 2004. "Distrust – The Hidden Cost of Control," IZA Discussion Papers 1203, Institute of Labor Economics (IZA).
- Sven Fischer, 2005. "Inequality Aversion in Ultimatum Games with Asymmetric Conflict Payoffs - A Theoretical and Experimental Analysis -," Papers on Strategic Interaction 2005-36, Max Planck Institute of Economics, Strategic Interaction Group.
- Gagen, Michael, 2013. "Isomorphic Strategy Spaces in Game Theory," MPRA Paper 46176, University Library of Munich, Germany.
- Fehr, Ernst & Schmidt, Klaus M., 2005. "The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 66, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Costa-Gomes, Miguel & Zauner, Klaus G., 2001.
"Ultimatum Bargaining Behavior in Israel, Japan, Slovenia, and the United States: A Social Utility Analysis,"
Games and Economic Behavior, Elsevier, vol. 34(2), pages 238-269, February.
- Miguel Costa-Gomes & Klaus G. Zauner, "undated". "Ultimatum Bargaining Behavior in Israel, Japan, Slovenia and the United States: A Social Utility Analysis," Discussion Papers 00/37, Department of Economics, University of York.
- Müller, Julia & Schwieren, Christiane & Spitzer, Florian, 2022. "How to prevent destruction – On the malleability of anti-social behavior," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 97(C).
- Kajackaite, Agne & Werner, Peter, 2015. "The incentive effects of performance requirements – A real effort experiment," Journal of Economic Psychology, Elsevier, vol. 49(C), pages 84-94.
- Akdeniz, Aslıhan & van Veelen, Matthijs, 2023. "Evolution and the ultimatum game," Games and Economic Behavior, Elsevier, vol. 142(C), pages 570-612.
- Gary Bolton & Eugen Dimant & Ulrich Schmidt, 2018.
"When a Nudge Backfires. Using Observation with Social and Economic Incentives to Promote Pro-Social Behavior,"
PPE Working Papers
0017, Philosophy, Politics and Economics, University of Pennsylvania.
- Gary Bolton & Eugen Dimant & Ulrich Schmidt, 2019. "When a Nudge Backfires:Using Observation with Social and Economic Incentives to Promote Pro-Social Behavior," Discussion Papers 2019-03, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Calabuig, Vicente & Fatas, Enrique & Olcina, Gonzalo & Rodriguez-Lara, Ismael, 2016. "Carry a big stick, or no stick at all," Journal of Economic Psychology, Elsevier, vol. 57(C), pages 153-171.
- Brandts, Jordi & Sola, Carles, 2001.
"Reference Points and Negative Reciprocity in Simple Sequential Games,"
Games and Economic Behavior, Elsevier, vol. 36(2), pages 138-157, August.
- Brandts, J. & Sola, C., 1998. "Reference Points and Negative Reciprocity in Simple Sequential Games," UFAE and IAE Working Papers 425.98, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Stefan Kohler & European University Institute, 2006. "Inequality Aversion and Stochastic Decision-making: Experimental Evidence from Zimbabwean Villages after Land Reform," Economics Series Working Papers GPRG-WPS-061, University of Oxford, Department of Economics.
- Ernst Fehr & Klaus M. Schmidt, "undated".
"Theories of Fairness and Reciprocity - Evidence and Economic Applications,"
IEW - Working Papers
075, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr & Klaus Schmidt, 2000. "Theories of Fairness and Reciprocity – Evidence and Economic Applications," CESifo Working Paper Series 403, CESifo.
- Schmidt, Klaus & Fehr, Ernst, 2001. "Theories of Fairness and Reciprocity - Evidence and Economic Applications," CEPR Discussion Papers 2703, C.E.P.R. Discussion Papers.
- Cox, James C. & Friedman, Daniel & Gjerstad, Steven, 2007.
"A tractable model of reciprocity and fairness,"
Games and Economic Behavior, Elsevier, vol. 59(1), pages 17-45, April.
- James Cox & Daniel Friedman & Steven Gjerstad, 2004. "A Tractable Model of Reciprocity and Fairness," Experimental 0406001, University Library of Munich, Germany.
- James C. Cox & Daniel Friedman & Steven Gjerstad, 2006. "A Tractable Model of Reciprocity and Fairness," Experimental Economics Center Working Paper Series 2006-05, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
- Cox, J. & Friedman, D. & Gjerstad, S., 2006. "A Trackable Model of Reciprocity and Fairness," Purdue University Economics Working Papers 1181, Purdue University, Department of Economics.
- Grimalday, Gianluca & Karz, Anirban & Proto, Eugenio, 2012.
"Everyone Wants a Chance: Initial Positions and Fairness in Ultimatum Games,"
CAGE Online Working Paper Series
93, Competitive Advantage in the Global Economy (CAGE).
- Grimalda, Gianluca & Kar, Anirban & Proto, Eugenio, 2012. "Everyone Wants a Chance : Initial Positions and Fairness in Ultimatum Games," The Warwick Economics Research Paper Series (TWERPS) 989, University of Warwick, Department of Economics.
- Gianluca Grimalda & Anirban Kar & Eugenio Proto, 2012. "Everyone Wants a Chance: Initial Positions and Fairness in Ultimatum Games," Working Papers 2012/21, Economics Department, Universitat Jaume I, Castellón (Spain).
- Grimalda, Gianluca & Kar, Anirban & Proto, Eugenio, 2012. "Everyone Wants a Chance : Initial Positions and Fairness in Ultimatum Games," Economic Research Papers 270638, University of Warwick - Department of Economics.
More about this item
Keywords
Bargaining; Experiments; Fairness; Myerson value; Shapley value;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Statistics
Access and download statisticsCorrections
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:joepsy:v:32:y:2011:i:5:p:762-772. 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/joep .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.