Price Rigidity in an Experimental Market
Autor: | Christian Korth |
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Rok vydání: | 2009 |
Předmět: | |
Zdroj: | Lecture Notes in Economics and Mathematical Systems ISBN: 9783642022524 |
DOI: | 10.1007/978-3-642-02253-1_7 |
Popis: | Experimental evidence of fair behavior in bilateral bargaining situations is well known, and the ultimatum game dominates publications in this domain. In contrast to studies of bilateral interactions, studies of market games mostly find limited or no effects of fairness, which leads many to cast doubt on the relevance of fairness in market settings. |
Databáze: | OpenAIRE |
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