منابع مشابه
Bargaining and fairness.
The idea that human morality might be the product of evolution is not popular. The reason is partly that the moral principles that actually govern our day-to-day behavior have been idealized in a way that makes a natural origin seem impossible. This paper puts the case for a more down-to-earth assessment of human morality by arguing that the evolution of our sense of fairness can be traced to t...
متن کاملBargaining Structure, Fairness, and Efficiency
Experiments with the ultimatum game—where one party can make a take-it-or-leave-it offer to a second party on how to split a pie—illustrate that conventional game theory has been wrong in its predictions regarding the simplest of bargaining settings: Even when one party has enormous bargaining power, she may be able to extract all the surplus from trade, because the second party will reject gro...
متن کاملFairness, Efficiency, and the Nash Bargaining Solution
A bargaining solution balances fairness and efficiency if each player’s payoff lies between the minimum and maximum of the payoffs assigned to him by the egalitarian and utilitarian solutions. In the 2-person bargaining problem, the Nash solution is the unique scale-invariant solution satisfying this property. Additionally, a similar result, relating the weighted egalitarian and utilitarian sol...
متن کاملWhat Price Fairness? A Bargaining Study
Our study concerns bargaining behavior in situations where one party is in a stronger position than the other. We investigate both the tradeoff the favored party makes between pursuing his strategic advantage and giving weight to other players’ concern for fairness, and the tradeoff the disadvantaged player makes between pursuing a fair outcome from a disadvantaged position and the cost of that...
متن کاملRevealing Preferences for Fairness in Ultimatum Bargaining¤
The ultimatum game has been the primary tool for studying bargaining behavior in recent years. However, not enough information is gathered in the ultimatum game to get a clear picture of responders’ utility functions. We analyze a convex ultimatum game in which responders’ can “shrink” an o¤er as well as to accept or reject it. This allows us to observe enough about responders’ preferences to e...
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ژورنال
عنوان ژورنال: Proceedings of the National Academy of Sciences
سال: 2014
ISSN: 0027-8424,1091-6490
DOI: 10.1073/pnas.1400819111