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Gender differences in bargaining with asymmetric information

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  • Malik, Samreen
  • Mihm, Benedikt
  • Mihm, Maximilian
  • Timme, Florian

Abstract

We conduct an experiment on gender differences in bargaining with asymmetric information. Based on Abreu and Gul (2000), we introduce asymmetric information about commitments by inducing irrational types, who never back down from a fixed bargaining position. Bargaining behavior depends on whether gender is revealed or not. When gender is unknown, men are more likely to mimic irrational types than women, but this gender gap is eliminated when gender is known. Male-male pairs also experience longer delays than other pairs, but only when gender is revealed and only in pairs where one subject mimics the irrational type.

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  • Malik, Samreen & Mihm, Benedikt & Mihm, Maximilian & Timme, Florian, 2021. "Gender differences in bargaining with asymmetric information," Journal of Economic Psychology, Elsevier, vol. 86(C).
    • Handle: RePEc:eee:joepsy:v:86:y:2021:i:c:s0167487021000507
    DOI: 10.1016/j.joep.2021.102415
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