English, Article, Journal or magazine article edition: Bargaining Efficiency and Screening: An Experimental Investigation Gary Charness

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Bookmark: http://trove.nla.gov.au/version/152977
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • BARGAINING EFFICIENCY AND SCREENING: AN EXPERIMENTAL INVESTIGATION
Author
  • Gary Charness
Physical Description
  • preprint
Notes
  • This paper investigates whether information about fairness types can be useful in lowering dispute costs and enhancing bargaining efficiency. An experiment was conducted in which subjects were first screened using a dictator game, with the allocations chosen used to separate participants into two types. Mutually anonymous pairs of subjects then bargained, with a dispute cost structure imposed. Sorting with identification reduces dispute costs; there are also significant differences in bargaining efficiency across pairing types. Information about types is crucial for these differences and also strongly affects the relative bargaining success of the two types and the hypothetical optimal bargaining strategy.
  • Bargaining efficiency, dispute resolution, experiment, fairness, sorting, Leex
  • RePEc:upf:upfgen:284
  • This paper investigates whether information about generosity or fairness can be useful in lowering dispute costs and enhancing bargaining efficiency. Subjects were first screened using a dictator game, with the allocations chosen used to separate participants into two types. Mutually anonymous pairs of subjects then bargained, with a dispute cost structure imposed. Sorting with identification reduces dispute costs; there are also significant differences in bargaining efficiency across pairing types. Information about types is crucial for these differences and also strongly affects the relative bargaining success of the two types and the hypothetical optimal bargaining strategy.
  • bargaining, fairness, screening, dispute cost, experiment,
  • RePEc:cdl:ucsbec:35-98
Language
  • English
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