The costs and benefits of symmetry in common-ownership allocation problems

B-Tier
Journal: Games and Economic Behavior
Year: 2016
Volume: 96
Issue: C
Pages: 115-131

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In experimental partnership dissolution problems with complete information, the divide-and-choose mechanism is significantly superior to the winner's-bid auction. The performance of divide-and-choose is mainly affected by reciprocity issues and not by bounded rationality. The performance of the winner's-bid auction is significantly affected by bounded rationality. Contrary to theoretical predictions divide-and-choose exhibits no first-mover bias.

Technical Details

RePEc Handle
repec:eee:gamebe:v:96:y:2016:i:c:p:115-131
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24