Bargaining in a Video Experiment

Name: Bargaining in a Video Experiment
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 9783540654155
Price: 296.6 RON
Availability: InStock

Determinants of Boundedly Rational Behavior

Autor: Heike Hennig-Schmidt

Limbă:

Legare: Carte broșată

Editura: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Disponibilitate: În depozitul extern în cantități mici

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296.60 lei

Bilateral bargaining situations are of great importance in reality. Traditional microeconomics, howe...

Informații despre carte

Autor

Heike Hennig-Schmidt

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

1999

Pagini

221

EAN

9783540654155

ISBN

3540654151

Enbook ID

06809884

Editura

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Greutate

376

Dimensiuni

155 x 235 x 14

Descriere completă

Bilateral bargaining situations are of great importance in reality. Traditional microeconomics, however, make cognitive and motivational assumptions of subjects` full rationality that are revealed as being unrealistic by a growing number of experimental investigations. The present book adds an important contribution to the understanding of principles of boundedly rational behavior by directly observing groups of subjects in a decision situation and videotaping their discussions. A very important result of the book is that the behavior of subjects is guided by aspirations regarding the final outcome. The levels of aspirations are influenced by prominence and different forms of the equity principle resulting in several fairness norms as to the allocation of the amount of money to be divided. Another important feature of the book stems from the analysis of break off discussions and enables a motivational explanation of the emergence of breakdowns in bargaining.

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Bargaining in a Video Experiment

Determinants of Boundedly Rational Behavior

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Descriere completă

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