Fairness in bargaining

Research output: Contribution to journalArticlepeer-review

42 Scopus citations

Abstract

We consider new three player games to test existing models of fairness. Our games consist of a proposer who offers an allocation of $10 between two players, either himself and the responder or the responder and a third party. In each case, the responder either accepts or rejects this allocation. In case of a rejection, the player who was not part of the initial division (the third party and the proposer, respectively) receives a rejection payoff (of $0, $5 or $10, depending on the game). Our results cast some doubt on existing fairness theories.

Original languageEnglish
Pages (from-to)173-186
Number of pages14
JournalJournal of Economic Behavior and Organization
Volume56
Issue number2
DOIs
StatePublished - 1 Feb 2005

Keywords

  • Bargaining
  • Fairness
  • Ultimatum game

ASJC Scopus subject areas

  • Economics and Econometrics
  • Organizational Behavior and Human Resource Management

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