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Full-Text Articles in Behavioral Economics
Fairness Doesn't Have To Be Egalitarian: Evidence From Bargaining Games, Kevin Wong
Fairness Doesn't Have To Be Egalitarian: Evidence From Bargaining Games, Kevin Wong
Theses and Dissertations
I develop a theoretical model and provide experimental evidence that social norms of fairness play a critical role in determining equilibrium outcomes in bargaining games.
Cooperation And Reciprocity In Anonymous Interactions: Other-Regarding Preferences And Quasi-Magical Thinking, Gregory Klevans
Cooperation And Reciprocity In Anonymous Interactions: Other-Regarding Preferences And Quasi-Magical Thinking, Gregory Klevans
Theses and Dissertations
In economic experiments, players often demonstrate concerns for the relative payoffs between themselves and other subjects, in addition to their own payoffs. In addition, they appear to do their parts to achieve efficient outcomes, particularly when they are ignorant of the opponent's decision. I present a parsimonious model of other-regarding preferences and quasi-magical thinking that explains such behavior, and I apply it to four games: the prisoner's dilemma, the traveler's dilemma, the ultimatum game, and the trust game.