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Asymmetric Inequality Aversion and Noisy Behavior in Alternating-Offer Bargaining Games

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Cited by:

  1. Philip A. Haile & Ali Hortaçsu & Grigory Kosenok, 2008. "On the Empirical Content of Quantal Response Equilibrium," American Economic Review, American Economic Association, vol. 98(1), pages 180-200, March.
  2. Pingle, Mark & Mitchell, Mike, 2002. "What motivates positional concerns for income?," Journal of Economic Psychology, Elsevier, vol. 23(1), pages 127-148, February.
  3. Jorge Alcalde-Unzu & Flip Klijn & Marc Vorsatz, 2023. "Constrained school choice: an experimental QRE analysis," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 61(3), pages 587-624, October.
  4. Ahrens, Steffen & Snower, Dennis J., 2014. "Envy, guilt, and the Phillips curve," Journal of Economic Behavior & Organization, Elsevier, vol. 99(C), pages 69-84.
  5. Gabriele Camera & Cary Deck & David Porter, 2020. "Do economic inequalities affect long-run cooperation and prosperity?," Experimental Economics, Springer;Economic Science Association, vol. 23(1), pages 53-83, March.
  6. Goeree, Jacob K. & Holt, Charles A. & Palfrey, Thomas R., 2002. "Quantal Response Equilibrium and Overbidding in Private-Value Auctions," Journal of Economic Theory, Elsevier, vol. 104(1), pages 247-272, May.
  7. John C. Driscoll & Steinar Holden, 2002. "Coordination, Fair Treatment and Inflation Persistence," NBER Working Papers 9174, National Bureau of Economic Research, Inc.
  8. Fehr, Ernst & Schmidt, Klaus M., 2000. "Fairness, incentives, and contractual choices," European Economic Review, Elsevier, vol. 44(4-6), pages 1057-1068, May.
  9. Falk, Armin & Zehnder, Christian & Meier, Stephan, 2010. "Did We Overestimate the Role of Social Preferences? The Case of Self-Selected Student Samples," CEPR Discussion Papers 8019, C.E.P.R. Discussion Papers.
  10. Fredrik Carlsson & Dinky Daruvala & Olof Johansson‐Stenman, 2005. "Are People Inequality‐Averse, or Just Risk‐Averse?," Economica, London School of Economics and Political Science, vol. 72(287), pages 375-396, August.
  11. Gabriele Camera & Cary Deck & David Porter, 2019. "Do Economic Inequalities Affect Long-Run Cooperation & Prosperity?," Working Papers 19-09, Chapman University, Economic Science Institute.
  12. Katri Sieberg & David Clark & Charles A. Holt & Timothy Nordstrom & William Reed, 2013. "An Experimental Analysis of Asymmetric Power in Conflict Bargaining," Games, MDPI, vol. 4(3), pages 1-23, August.
  13. Griffin, John & Nickerson, David & Wozniak, Abigail, 2012. "Racial differences in inequality aversion: Evidence from real world respondents in the ultimatum game," Journal of Economic Behavior & Organization, Elsevier, vol. 84(2), pages 600-617.
  14. Oswaldo Gressani, 2015. "Endogeneous Quantal Response Equilibrium for Normal Form Games," DEM Discussion Paper Series 15-18, Department of Economics at the University of Luxembourg.
  15. Mentzakis, Emmanouil & Mestelman, Stuart, 2013. "Hypothetical bias in value orientations ring games," Economics Letters, Elsevier, vol. 120(3), pages 562-565.
  16. Stefan Kohler & Karl H. Schlag, 2019. "Inequality Aversion Causes Equal Or Unequal Division In Alternating‐Offer Bargaining," Bulletin of Economic Research, Wiley Blackwell, vol. 71(1), pages 47-57, January.
  17. Lisa Anderson & Jennifer Mellor & Jeffrey Milyo, 2006. "Induced heterogeneity in trust experiments," Experimental Economics, Springer;Economic Science Association, vol. 9(3), pages 223-235, September.
  18. Nieken, Petra & Schmitz, Patrick W., 2012. "Repeated moral hazard and contracts with memory: A laboratory experiment," Games and Economic Behavior, Elsevier, vol. 75(2), pages 1000-1008.
  19. Graham Mallard, 2014. "Static Common Agency And Political Influence: An Evaluative Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 28(1), pages 17-35, February.
  20. Charles Bellemare & Sabine Kröger & Arthur van Soest, 2008. "Measuring Inequity Aversion in a Heterogeneous Population Using Experimental Decisions and Subjective Probabilities," Econometrica, Econometric Society, vol. 76(4), pages 815-839, July.
  21. Blanco, Mariana & Engelmann, Dirk & Normann, Hans Theo, 2011. "A within-subject analysis of other-regarding preferences," Games and Economic Behavior, Elsevier, vol. 72(2), pages 321-338, June.
  22. Nunnari, Salvatore & Zapal, Jan, 2016. "Gambler's fallacy and imperfect best response in legislative bargaining," Games and Economic Behavior, Elsevier, vol. 99(C), pages 275-294.
  23. Arnaud De Bruyn & Gary E. Bolton, 2008. "Estimating the Influence of Fairness on Bargaining Behavior," Management Science, INFORMS, vol. 54(10), pages 1774-1791, October.
  24. Zhang, Boyu & Hofbauer, Josef, 2016. "Quantal response methods for equilibrium selection in 2×2 coordination games," Games and Economic Behavior, Elsevier, vol. 97(C), pages 19-31.
  25. Astrid Dannenberg & Thomas Riechmann & Bodo Sturm & Carsten Vogt, 2012. "Inequality aversion and the house money effect," Experimental Economics, Springer;Economic Science Association, vol. 15(3), pages 460-484, September.
  26. Ivan S Menshikov & Alexsandr V Shklover & Tatiana S Babkina & Mikhail G Myagkov, 2017. "From rationality to cooperativeness: The totally mixed Nash equilibrium in Markov strategies in the iterated Prisoner’s Dilemma," PLOS ONE, Public Library of Science, vol. 12(11), pages 1-17, November.
  27. Eva I. Hoppe & Patrick W. Schmitz, 2013. "Contracting under Incomplete Information and Social Preferences: An Experimental Study," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 80(4), pages 1516-1544.
  28. Bryan C. McCannon & John Stevens, 2017. "Role of personality style on bargaining outcomes," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 44(9), pages 1166-1196, September.
  29. Fischbacher, Urs & Fong, Christina M. & Fehr, Ernst, 2009. "Fairness, errors and the power of competition," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 527-545, October.
  30. Bellemare, C. & Kroger, S. & van Soest, A.H.O., 2005. "Actions and Beliefs : Estimating Distribution-Based Preferences Using a Large Scale Experiment with Probability Questions on Expectations," Other publications TiSEM eff984e1-7232-4134-be27-a, Tilburg University, School of Economics and Management.
  31. Stefan Kohler, 2012. "Incomplete Information about Social Preferences Explains Equal Division and Delay in Bargaining," Games, MDPI, vol. 3(3), pages 1-19, September.
  32. Ioannou, Christos A. & Qi, Shi & Rustichini, Aldo, 2013. "A test of stability in a linear altruism model," Economics Letters, Elsevier, vol. 121(1), pages 85-89.
  33. Jacob K. Goeree & Charles A. Holt, 2001. "Ten Little Treasures of Game Theory and Ten Intuitive Contradictions," American Economic Review, American Economic Association, vol. 91(5), pages 1402-1422, December.
  34. Lejarraga, Tomás & Lucena, Abel & Rubí-Barceló, Antoni, 2020. "Beliefs estimated from choices in Proposer-Responder Games," Journal of Economic Behavior & Organization, Elsevier, vol. 179(C), pages 442-459.
  35. Olivier Armantier, 2006. "Do Wealth Differences Affect Fairness Considerations?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(2), pages 391-429, May.
  36. Simon P. Anderson & Jacob K. Goeree & Charles A. Holt, 2002. "The Logit Equilibrium: A Perspective on Intuitive Behavioral Anomalies," Southern Economic Journal, John Wiley & Sons, vol. 69(1), pages 21-47, July.
  37. 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.
  38. Alessandro Tavoni, 2009. "Incorporating Fairness Motives into the Impulse Balance Equilibrium and Quantal Response Equilibrium Concepts: An Application to 2x2 Games," Working Papers 2009.40, Fondazione Eni Enrico Mattei.
  39. Barmettler, Franziska & Fehr, Ernst & Zehnder, Christian, 2012. "Big experimenter is watching you! Anonymity and prosocial behavior in the laboratory," Games and Economic Behavior, Elsevier, vol. 75(1), pages 17-34.
  40. Güth, Werner & Mugera, Harriet & Musau, Andrew & Ploner, Matteo, 2014. "Deterministic versus probabilistic consequences of trust and trustworthiness: An experimental investigation," Journal of Economic Psychology, Elsevier, vol. 42(C), pages 28-40.
  41. Breitmoser, Yves & Tan, Jonathan H.W., 2010. "Generosity in bargaining: Fair or fear?," MPRA Paper 27444, University Library of Munich, Germany.
  42. Olivier Armantier, 2001. "Does Wealth Affect Fairness Considerations?," Department of Economics Working Papers 01-05, Stony Brook University, Department of Economics.
  43. Gabriele Camera & Cary Deck & David Porter, 2016. "Do Economic Inequalities Affect Long-Run Cooperation?," Working Papers 16-18, Chapman University, Economic Science Institute.
  44. Ellingsen, Tore & Johannesson, Magnus, 2005. "Sunk costs and fairness in incomplete information bargaining," Games and Economic Behavior, Elsevier, vol. 50(2), pages 155-177, February.
  45. Yefen Chen & Xuanming Su & Xiaobo Zhao, 2012. "Modeling Bounded Rationality in Capacity Allocation Games with the Quantal Response Equilibrium," Management Science, INFORMS, vol. 58(10), pages 1952-1962, October.
  46. Emma von Essen & Marieke Huysentruyt & Topi Miettinen, 2020. "Exploration in Teams and the Encouragement Effect: Theory and Experimental Evidence," Management Science, INFORMS, vol. 66(12), pages 5861-5885, December.
  47. Salvatore Nunnari & Massimiliano Pozzi, 2022. "Meta-Analysis of Inequality Aversion Estimates," CESifo Working Paper Series 9851, CESifo.
  48. James Andreoni & Emily Blanchard, 2006. "Testing subgame perfection apart from fairness in ultimatum games," Experimental Economics, Springer;Economic Science Association, vol. 9(4), pages 307-321, December.
  49. Erlei Mathias & Schenk-Mathes Heike, 2017. "Bounded Rationality in Principal-Agent Relationships," German Economic Review, De Gruyter, vol. 18(4), pages 411-443, December.
  50. Pingle, Mark & Tesfatsion, Leigh, 2001. "Non-Employment Benefits and the Evolution of Worker-Employer Cooperation: Experiments with Real and Computational Agents," ISU General Staff Papers 200106010700001053, Iowa State University, Department of Economics.
  51. Soraperra, Ivan & Köbis, Nils & Shalvi, Shaul & Vogt, Sonja & Efferson, Charles & Offerman, Theo, 2023. "A market for integrity. The use of competition to reduce bribery in education," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 107(C).
  52. Yang, Yang & Onderstal, Sander & Schram, Arthur, 2016. "Inequity aversion revisited," Journal of Economic Psychology, Elsevier, vol. 54(C), pages 1-16.
  53. He, Simin & Wu, Jiabin, 2020. "Compromise and coordination: An experimental study," Games and Economic Behavior, Elsevier, vol. 119(C), pages 216-233.
  54. Sau‐Him Paul Lau & Felix Leung, 2010. "Estimating a Parsimonious Model of Inequality Aversion in Stackelberg Duopoly Experiments," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(5), pages 669-686, October.
  55. Erik O. Kimbrough & Vernon L. Smith & Bart J. Wilson, 2008. "Historical Property Rights, Sociality, and the Emergence of Impersonal Exchange in Long-Distance Trade," American Economic Review, American Economic Association, vol. 98(3), pages 1009-1039, June.
  56. Tom-Reiel Heggedal & Thomas McKay, 2024. "Discounting in finite-time bargaining experiments," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 10(2), pages 504-518, December.
  57. Gressani, O., 2015. "Endogeneous Quantal Response Equilibrium for Normal Form Games," LIDAM Discussion Papers CORE 2015053, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  58. Emma von Essen & Marieke Huysentruyt & Topi Miettinen, 2019. "Exploration in Teams and the Encouragement Effect: Theory and Evidence," Economics Working Papers 2019-10, Department of Economics and Business Economics, Aarhus University.
  59. Mark Pingle and Leigh Tesfatsion, 2001. "Unemployment Insurance and the Evolution of Worker-Employer\n Cooperation: Experiments with Real and Artificial Agents," Computing in Economics and Finance 2001 279, Society for Computational Economics.
  60. Bellemare, Charles & Kröger, Sabine & van Soest, Arthur, 2011. "Preferences, intentions, and expectation violations: A large-scale experiment with a representative subject pool," Journal of Economic Behavior & Organization, Elsevier, vol. 78(3), pages 349-365, May.
  61. Sönke Ehret & Sara M. Constantino & Elke U. Weber & Charles Efferson & Sonja Vogt, 2022. "Group identities can undermine social tipping after intervention," Nature Human Behaviour, Nature, vol. 6(12), pages 1669-1679, December.
  62. Eckel, Catherine & Gintis, Herbert, 2010. "Blaming the messenger: Notes on the current state of experimental economics," Journal of Economic Behavior & Organization, Elsevier, vol. 73(1), pages 109-119, January.
  63. Feldhaus, Christoph & Rockenbach, Bettina & Zeppenfeld, Christopher, 2020. "Inequality in minimum-effort coordination," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224650, Verein für Socialpolitik / German Economic Association.
  64. Xiao, Erte & Houser, Daniel, 2009. "Avoiding the sharp tongue: Anticipated written messages promote fair economic exchange," Journal of Economic Psychology, Elsevier, vol. 30(3), pages 393-404, June.
  65. Stefan Kohler, 2013. "More Fair Play in an Ultimatum Game after Resettlement in Zimbabwe: A Field Experiment and a Structural Model," PLOS ONE, Public Library of Science, vol. 8(5), pages 1-12, May.
  66. David Bullock & E. Rutström, 2007. "Policy making and rent-dissipation: An experimental test," Experimental Economics, Springer;Economic Science Association, vol. 10(1), pages 21-36, March.
  67. Feldhaus, Christoph & Rockenbach, Bettina & Zeppenfeld, Christopher, 2020. "Inequality in minimum-effort coordination," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 341-370.
  68. Randolph Sloof, 2005. "Opting Out: An Experimental Comparison of Bazaars versus High-Tech Markets," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 161(4), pages 589-620, December.
  69. Anna Conte & Werner Güth & Paul Pezanis-Christou, 2023. "Strategic ambiguity and risk in alternating pie-sharing experiments," Journal of Risk and Uncertainty, Springer, vol. 66(3), pages 233-260, June.
  70. Wang, Bingtong & Li, Zhibin & Wang, Shunchao & Li, Meng & Ji, Ang, 2022. "Modeling bounded rationality in discretionary lane change with the quantal response equilibrium of game theory," Transportation Research Part B: Methodological, Elsevier, vol. 164(C), pages 145-161.
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