By Marlies Klemisch-Ahlert
In the 1st a part of this ebook bargaining experiments with diverse fiscal and moral frames are investigated. The distributive ideas and norms the themes practice and their justifications for those ideas are evaluated. The bargaining techniques and the ensuing agreements are analyzed. within the moment half various bargaining theories are awarded and the corresponding strategies are axiomatically characterised. A bargaining inspiration with ambitions that depend upon monetary and moral positive aspects of the bargaining state of affairs is brought. Observations from the experimental info result in the guidelines for the axiomatic characterization of a bargaining answer with goals.
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Extra resources for Bargaining in Economic and Ethical Environments: An Experimental Study and Normative Solution Concepts
Four of five estimated data lie below this line, one data lies between the "ProPIR" line and the "ProPT" line. For truncation levels below 15, the "ProPT" principle is the best principle for Group A. This turns out also to be the area where Group A is stronger than Group B. Situations 1 2345 , Group B The estimated planned bargaining goal of Group B is close to the kink of the situation for truncation levels below 15. There the kink is the payoff pair belonging to the "Nash" principle. From the set of discussed principles, this is the best one for B for low truncation levels.
Higher total amounts of payoffs lead to higher proportional demands of the superior players. There seems to be a competition between the principle of equal payoffs and the selfishness of the superior player to exploit his strategic power. The tendency to selfishness becomes stronger when the feasible payoff increases. In dictator experiments there has been observed a politeness ritual. This means that the "dictators" sometimes resign to exploit their positions. In reward allocation experiments the inferior players tend to split the total payment proportional to the contributions of the persons.
Giith, W. (1989) : Experimental Bargaining. Paper presented at the 2nd Symposium on Distributive Justice (Bonn-Bad Godesberg, August 1989), University of Frankfurt. Kalai, E. and Smorodinsky, M. (1975): Other Solutions to Nash's Bargaining Problem. Econometrica 43, 513-518. Kalai, E. W. (1978) : Arbitration of Two-Party Disputes under Ignorance. International Journal of Game Theory 7, 65-72. F. (1950) 162. The Bargaining Problem. 1 Introduction In this chapter, we describe some observations in single experiments.
Bargaining in Economic and Ethical Environments: An Experimental Study and Normative Solution Concepts by Marlies Klemisch-Ahlert