Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7242697 | Journal of Economic Behavior & Organization | 2018 | 15 Pages |
Abstract
Subjects under-respond to their bargaining position most severely in the NDG without dominant bargaining power. Responsiveness increases in the UBG, but is still lower than predicted; the same is true for the NDG with dominant bargaining power. Only in the UBG with dominant bargaining power - the combination of a bargaining institution with low strategic uncertainty and elimination of the 50-50 “security blanket” - do subjects approximately fully exploit their bargaining position.
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Authors
Nejat Anbarci, Nick Feltovich,