Strategic ambiguity and risk in alternating pie-sharing experiments
Author
Abstract
Suggested Citation
DOI: 10.1007/s11166-022-09401-z
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
- Rubinstein, Ariel, 1982.
"Perfect Equilibrium in a Bargaining Model,"
Econometrica, Econometric Society, vol. 50(1), pages 97-109, January.
- Ariel Rubinstein, 2010. "Perfect Equilibrium in a Bargaining Model," Levine's Working Paper Archive 661465000000000387, David K. Levine.
- Ariel Rubinstein, 2010. "Perfect Equilibrium in a Bargaining Model," Levine's Working Paper Archive 252, David K. Levine.
- Eizo Akiyama & Nobuyuki Hanaki & Ryuichiro Ishikawa, 2017.
"It is Not Just Confusion! Strategic Uncertainty in An Experimental Asset Market,"
Economic Journal, Royal Economic Society, vol. 127(605), pages 563-580, October.
- Eizo Akiyama & Nobuyuki Hanaki & Ryuichiro Ishikawa, 2017. "It is Not Just Confusion! Strategic Uncertainty in An Experimental Asset Market," Economic Journal, Royal Economic Society, vol. 127(605), pages 563-580.
- Eizo Akiyama & Nobuyuki Hanaki & Ryuichiro Ishikawa, 2013. "It is Not Just Confusion! Strategic Uncertainty in an Experimental Asset Market," Working Papers halshs-00854513, HAL.
- Eizo Akiyama & Nobuyuki Hanaki & Ryuichiro Ishikawa, 2013. "It is Not Just Confusion! Strategic Uncertainty in an Experimental Asset Market," AMSE Working Papers 1340, Aix-Marseille School of Economics, France, revised 08 Aug 2013.
- Eizo Akiyama & Nobuyuki Hanaki & Ryuichiro Ishikawa, 2017. "It is Not Just Confusion! Strategic Uncertainty in an Experimental Asset Market," Post-Print halshs-01294917, HAL.
- John H. Kagel & Alvin E. Roth, 2016. "The Handbook of Experimental Economics, Volume 2," Economics Books, Princeton University Press, edition 1, volume 2, number 10874.
- Binmore, Ken & McCarthy, John & Ponti, Giovanni & Samuelson, Larry & Shaked, Avner, 2002.
"A Backward Induction Experiment,"
Journal of Economic Theory, Elsevier, vol. 104(1), pages 48-88, May.
- Binmore,K. & McCarthy,J. & Ponti,G. & ..., 1999. "A backward induction experiment," Working papers 34, Wisconsin Madison - Social Systems.
- John A. List, 2007.
"On the Interpretation of Giving in Dictator Games,"
Journal of Political Economy, University of Chicago Press, vol. 115(3), pages 482-493.
- John List, 2007. "On the Interpretation of Giving in Dictator Games," Artefactual Field Experiments 00479, The Field Experiments Website.
- Matthew Embrey & Guillaume R. Fréchette & Steven F. Lehrer, 2015. "Bargaining and Reputation: An Experiment on Bargaining in the Presence of Behavioural Types," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 82(2), pages 608-631.
- 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," Jena Economics Research Papers 2013-035, Friedrich-Schiller-University Jena.
- 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.
- Zhihua Li & Graham Loomes & Ganna Pogrebna, 2017. "Attitudes to Uncertainty in a Strategic Setting," Economic Journal, Royal Economic Society, vol. 127(601), pages 809-826.
- Ben Greiner, 2015. "Subject pool recruitment procedures: organizing experiments with ORSEE," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(1), pages 114-125, July.
- Frank Heinemann & Rosemarie Nagel & Peter Ockenfels, 2009.
"Measuring Strategic Uncertainty in Coordination Games,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(1), pages 181-221.
- Frank Heinemann & Rosemarie Nagel & Peter Ockenfels, 2004. "Measuring Strategic Uncertainty in Coordination Games," CESifo Working Paper Series 1364, CESifo.
- Frank Heinemann & Rosemarie Nagel & Peter Ockenfels, 2004. "Measuring strategic uncertainty in coordination games," Economics Working Papers 804, Department of Economics and Business, Universitat Pompeu Fabra.
- Heinemann, Frank & Nagel, Rosemarie & Ockenfels, Peter, 2004. "Measuring Strategic Uncertainty in Coordination Games," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 6, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Chen Li & Uyanga Turmunkh & Peter P. Wakker, 2019.
"Trust as a decision under ambiguity,"
Experimental Economics, Springer;Economic Science Association, vol. 22(1), pages 51-75, March.
- Chen Li & Uyanga Turmunkh & Peter Wakker, 2019. "Trust as a decision under ambiguity," Post-Print hal-02988097, HAL.
- Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
- Ashenfelter, Orley & Currie, Janet, 1990.
"Negotiator Behavior and the Occurence of Disputes,"
American Economic Review, American Economic Association, vol. 80(2), pages 416-420, May.
- Orley Ashenfelter & Janet Currie, 1990. "Negotiator Behavior and the Occurrence of Disputes," Working Papers 640, Princeton University, Department of Economics, Industrial Relations Section..
- 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.
- G. Bolton, 2010. "A comparative model of bargaining: theory and evidence," Levine's Working Paper Archive 263, David K. Levine.
- 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.
- J. Ochs & Alvin E. Roth, 1998. "An experimental study of sequential bargaining," Levine's Working Paper Archive 331, David K. Levine.
- Anna Conte & John D. Hey & Peter G. Moffatt, 2018.
"Mixture models of choice under risk,"
World Scientific Book Chapters, in: Experiments in Economics Decision Making and Markets, chapter 1, pages 3-12,
World Scientific Publishing Co. Pte. Ltd..
- Conte, Anna & Hey, John D. & Moffatt, Peter G., 2011. "Mixture models of choice under risk," Journal of Econometrics, Elsevier, vol. 162(1), pages 79-88, May.
- Anna Conte & John D Hey & Peter G Moffatt, 2007. "Mixture Models of Choice Under Risk," Discussion Papers 07/06, Department of Economics, University of York.
- Jaromír Kovářík & Dan Levin & Tao Wang, 2016. "Ellsberg paradox: Ambiguity and complexity aversions compared," Journal of Risk and Uncertainty, Springer, vol. 52(1), pages 47-64, February.
- Quiggin, John, 1982. "A theory of anticipated utility," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 323-343, December.
- Mohammed Abdellaoui & Olivier L’Haridon & Horst Zank, 2010.
"Separating curvature and elevation: A parametric probability weighting function,"
Journal of Risk and Uncertainty, Springer, vol. 41(1), pages 39-65, August.
- Olivier L'Haridon & Mohammed Abdellaoui & Horst Zank, 2010. "Separating curvature and elevation: A parametric probability weighting function," Post-Print hal-00528381, HAL.
- Antonio Cabrales & Raffaele Miniaci & Marco Piovesan & Giovanni Ponti, 2010.
"Social Preferences and Strategic Uncertainty: An Experiment on Markets and Contracts,"
American Economic Review, American Economic Association, vol. 100(5), pages 2261-2278, December.
- Antonio Cabrales & Raffaele Miniaci & Marco Piovesan & Giovanni Ponti, 2008. "Social Preferences and Strategic Uncertainty: An Experiment on Markets and Contracts," Discussion Papers 08-06, University of Copenhagen. Department of Economics.
- Antonio Cabrales & Raffaele Miniaci & Marco Piovesan & Giovanni Ponti, 2009. "Social Preferences and Strategic Uncertainty: An Experiment on Markets and Contracts," Working Papers 2009-09, FEDEA.
- repec:fth:prinin:260 is not listed on IDEAS
- Vincent P. Crawford & Miguel A. Costa-Gomes & Nagore Iriberri, 2013. "Structural Models of Nonequilibrium Strategic Thinking: Theory, Evidence, and Applications," Journal of Economic Literature, American Economic Association, vol. 51(1), pages 5-62, March.
- 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.
- Neelin, Janet & Sonnenschein, Hugo & Spiegel, Matthew, 1988. "A Further Test of Noncooperative Bargaining Theory: Comment," American Economic Review, American Economic Association, vol. 78(4), pages 824-836, September.
- Binmore, Ken G & Shaked, Avner & Sutton, John, 1988. "A Further Test of Noncooperative Bargaining Theory: Reply," American Economic Review, American Economic Association, vol. 78(4), pages 837-839, September.
- Orley Ashenfelter & Janet Currie, 1990. "Negotiator Behavior and the Occurrence of Disputes," Working Papers 640, Princeton University, Department of Economics, Industrial Relations Section..
- Binmore, K & Shaked, A & Sutton, J, 1985. "Testing Noncooperative Bargaining Theory: A Preliminary Study," American Economic Review, American Economic Association, vol. 75(5), pages 1178-1180, December.
- Goeree, Jacob K. & Holt, Charles A., 2000.
"Asymmetric inequality aversion and noisy behavior in alternating-offer bargaining games,"
European Economic Review, Elsevier, vol. 44(4-6), pages 1079-1089, May.
- Jacob K. Goeree & Charles A. Holt, "undated". "Asymmetric Inequality Aversion and Noisy Behavior in Alternating-Offer Bargaining Games," Virginia Economics Online Papers 329, University of Virginia, Department of Economics.
- Stahl, Dale O. & Haruvy, Ernan, 2008. "Level-n bounded rationality in two-player two-stage games," Journal of Economic Behavior & Organization, Elsevier, vol. 65(1), pages 41-61, January.
- Drazen Prelec, 1998. "The Probability Weighting Function," Econometrica, Econometric Society, vol. 66(3), pages 497-528, May.
- Li, Chen & Turmunkh, Uyanga & Wakker, Peter P., 2020. "Social and strategic ambiguity versus betrayal aversion," Games and Economic Behavior, Elsevier, vol. 123(C), pages 272-287.
- Nicholas Barberis, 2012. "A Model of Casino Gambling," Management Science, INFORMS, vol. 58(1), pages 35-51, January.
- Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 2002.
"Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining,"
Journal of Economic Theory, Elsevier, vol. 104(1), pages 16-47, May.
- Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 1998. "Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining," Working Papers 1040, California Institute of Technology, Division of the Humanities and Social Sciences.
- Nicholas Bardsley, 2008. "Dictator game giving: altruism or artefact?," Experimental Economics, Springer;Economic Science Association, vol. 11(2), pages 122-133, June.
- Zhihua Li & Graham Loomes & Ganna Pogrebna, 2017. "Attitudes to Uncertainty in a Strategic Setting," Economic Journal, Royal Economic Society, vol. 0(601), pages 809-826, May.
- Chen Li, 2017. "Are the poor worse at dealing with ambiguity?," Journal of Risk and Uncertainty, Springer, vol. 54(3), pages 239-268, June.
- Teck-Hua Ho & Xuanming Su, 2013. "A Dynamic Level-k Model in Sequential Games," Management Science, INFORMS, vol. 59(2), pages 452-469, March.
- Guth, Werner & Schmittberger, Rolf & Schwarze, Bernd, 1982. "An experimental analysis of ultimatum bargaining," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 367-388, December.
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.- Anna Conte & Werner Güth & Paul Pezanis-Christou, 2017. "More Money vs More Certainty? Behaviour in Stochastic Alternating-Offer Experiments," School of Economics and Public Policy Working Papers 2017-06, University of Adelaide, School of Economics and Public Policy.
- Rami Zwick & Xiao-Ping Chen, 1999.
"What Price Fairness? A Bargaining Study,"
Management Science, INFORMS, vol. 45(6), pages 804-823, June.
- Rami Zwick & Xiao-Ping Chen, 1999. "What Price Fairness? A Bargaining Study," Experimental 9902002, University Library of Munich, Germany.
- Emin Karagözoğlu & Ümit Barış Urhan, 2017. "The Effect of Stake Size in Experimental Bargaining and Distribution Games: A Survey," Group Decision and Negotiation, Springer, vol. 26(2), pages 285-325, March.
- Li, Shuwen & Houser, Daniel, 2022. "Stochastic bargaining in the lab," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 687-715.
- Rampal, Jeevant, 2022. "Limited Foresight Equilibrium," Games and Economic Behavior, Elsevier, vol. 132(C), pages 166-188.
- Siegfried K. Berninghaus & Werner Güth & Stephan Schosser, 2012.
"Backward Induction or Forward Reasoning? - An Experiment of Stochastic Alternating Offer Bargaining -,"
Jena Economics Research Papers
2012-041, Friedrich-Schiller-University Jena.
- Berninghaus, Siegfried K. & Güth, Werner & Schosser, Stephan, 2012. "Backward induction or forward reasoning? An experiment of stochastic alternating offer bargaining," Working Paper Series in Economics 42, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
- Topi Miettinen & Olli Ropponen & Pekka Sääskilahti, 2020. "Prospect Theory, Fairness, and the Escalation of Conflict at a Negotiation Impasse," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(4), pages 1535-1574, October.
- 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.
- Dorian Jullien & Alexandre Truc, 2024. "Towards a History of Behavioral and Experimental Economics in France," GREDEG Working Papers 2024-23, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
- Ramzi Suleiman, 2022. "Economic Harmony—A Rational Theory of Fairness and Cooperation in Strategic Interactions," Games, MDPI, vol. 13(3), pages 1-21, April.
- 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.
- García-Pola, Bernardo & Iriberri, Nagore & Kovářík, Jaromír, 2020.
"Non-equilibrium play in centipede games,"
Games and Economic Behavior, Elsevier, vol. 120(C), pages 391-433.
- Iriberri, Nagore & Kovarik, Jaromir & Garcia-Pola, Bernardo, 2016. "Non-equilibrium Play in Centipede Games," CEPR Discussion Papers 11477, C.E.P.R. Discussion Papers.
- Marc T. P. Adam & Timm Teubner & Henner Gimpel, 2018. "No Rage Against the Machine: How Computer Agents Mitigate Human Emotional Processes in Electronic Negotiations," Group Decision and Negotiation, Springer, vol. 27(4), pages 543-571, August.
- Ellingsen, Tore & Östling, Robert & Wengström, Erik, 2018. "How does communication affect beliefs in one-shot games with complete information?," Games and Economic Behavior, Elsevier, vol. 107(C), pages 153-181.
- Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 2002.
"Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining,"
Journal of Economic Theory, Elsevier, vol. 104(1), pages 16-47, May.
- Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 1998. "Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining," Working Papers 1040, California Institute of Technology, Division of the Humanities and Social Sciences.
- repec:hal:cesptp:halshs-04810987 is not listed on IDEAS
- Leng, Ailin, 2023. "A Rubinstein bargaining experiment in continuous time," Games and Economic Behavior, Elsevier, vol. 140(C), pages 115-131.
- Thomas Neumann & Sabrina Kierspel & Ivo Windrich & Roger Berger & Bodo Vogt, 2018. "How to Split Gains and Losses? Experimental Evidence of Dictator and Ultimatum Games," Games, MDPI, vol. 9(4), pages 1-19, October.
- Jeffrey E Prisbey, 1997. "Fairness in Ultimatum Games with Heterogeneous Receivers," Levine's Working Paper Archive 594, David K. Levine.
- Guth, Werner, 1995. "On ultimatum bargaining experiments -- A personal review," Journal of Economic Behavior & Organization, Elsevier, vol. 27(3), pages 329-344, August.
- Binmore, Ken & McCarthy, John & Ponti, Giovanni & Samuelson, Larry & Shaked, Avner, 2002.
"A Backward Induction Experiment,"
Journal of Economic Theory, Elsevier, vol. 104(1), pages 48-88, May.
- Binmore,K. & McCarthy,J. & Ponti,G. & ..., 1999. "A backward induction experiment," Working papers 34, Wisconsin Madison - Social Systems.
More about this item
Keywords
Strategic ambiguity; Ambiguity aversion; a-insensitivity; Risk; Probability distortion; Alternating-offer bargaining; Impunity;All these keywords.
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:kap:jrisku:v:66:y:2023:i:3:d:10.1007_s11166-022-09401-z. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.