Article ID Journal Published Year Pages File Type
884176 Journal of Economic Behavior & Organization 2009 7 Pages PDF
Abstract

In an ultimatum bargaining experiment, we study how subjects bargain over the returns to their investments of money and time. The most notable finding is that a third of the subjects demand no compensation for their time investments, whereas almost all subjects demand compensation for equally costly monetary investments.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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