How fully do people exploit their bargaining position? The effects of bargaining institution and the 50–50 norm

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2018
Volume: 145
Issue: C
Pages: 320-334

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

A recurring puzzle in bargaining experiments is that individuals under-exploit their bargaining position, compared to theoretical predictions. We conduct an experiment using two institutions: Nash demand game (NDG) and unstructured bargaining game (UBG). Unlike most previous experiments, disagreement payoffs are earned rather than assigned, and about one-fourth of the time, one bargainer's disagreement payoff is more than half the cake size (“dominant bargaining power”), so that equal splits are not individually rational.

Technical Details

RePEc Handle
repec:eee:jeborg:v:145:y:2018:i:c:p:320-334
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24