UID:
almahu_9949285148802882
Umfang:
XV, 175 p.
,
online resource.
Ausgabe:
1st ed. 2009.
ISBN:
9783642022531
Serie:
Lecture Notes in Economics and Mathematical Systems, 627
Inhalt:
This book contributes to behavioral economic research on the central issue of social preferences, focusing on the implications of social fairness norms on the interaction of market participants. The author uses both game-theoretic and experimental methods to analyze the implications of social fairness norms on the outcomes of bilateral bargaining situations. It is shown that a preference for reciprocity is evolutionarily stable in a "game of life" that consists of bilateral bargaining situations. The fairness benchmark or reference that such a preference depends on is investigated through a classroom experiment. Furthermore, the book presents a theoretical analysis of a market model as well as an experimental laboratory study to explore the implications of fairness concerns for price formation in matching markets.
Anmerkung:
Bargaining Theory -- Game Theory and Fairness Preferences -- Reciprocity#x2014;An Indirect Evolutionary Analysis -- Fairness Norms in Ultimatum Exchanges -- Fairness, Price Stickiness, and History Dependence in Decentralized Trade -- Generalizations and Extensions of the Decentralized Trade Model -- Price Rigidity in an Experimental Market.
In:
Springer Nature eBook
Weitere Ausg.:
Printed edition: ISBN 9783642022548
Weitere Ausg.:
Printed edition: ISBN 9783642022524
Sprache:
Englisch
DOI:
10.1007/978-3-642-02253-1
URL:
https://doi.org/10.1007/978-3-642-02253-1
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