Bargaining under time pressure from deadlines

A-Tier
Journal: Experimental Economics
Year: 2019
Volume: 22
Issue: 2
Pages: 419-440

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

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

Abstract

Abstract We experimentally investigate the effect of time pressure from deadlines in a rich-context bargaining game with an induced reference point at the 2/3-1/3 distribution. Our results show that first proposals, concessions, and settlements are very similar for different time-pressure levels. Nevertheless, time pressure systematically influences the type of agreements reached: the likelihood of bargainers reaching agreements on the equal split is lower under time pressure. Furthermore, disagreements and last-moment-agreements (conditional on reaching an agreement) are more frequently observed under time pressure, though the effect on last-moment agreements disappears when disagreements are included in the analysis. Finally, the effect of time-pressure on the frequency of disagreements is stronger for those pairs with higher tension in first proposals.

Technical Details

RePEc Handle
repec:kap:expeco:v:22:y:2019:i:2:d:10.1007_s10683-018-9579-y
Journal Field
Experimental
Author Count
2
Added to Database
2026-01-25