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Behavior of Groups as Players in a Bargaining Experiment. Some Results on Negotiation Processes from a Video Experiment

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Author Info
Hennig-Schmidt, Heike
Abstract

We report on a two-person bargaining experiment, where both players were represented by groups of three persons each. The discussions within the groups were recorded on video tapes and have been transcribed into text protocols. Analyzing the final payoffs and proposals we got several results that we were able to sustain by means of the text protocols. 1. Groups prefer divisions of the coalition value that correspond to the "equity principle" (Selten 1978, 1987) and are justified by fairness considerations. 2. Payoffs in sessions with low alternatives for strong groups do not differ significantly from payoffs in sessions with high alternatives. 3. Groups try to assert their demands by threats which, however, have no positive effects on negotiations. 4. Subjects don't behave according to strategies in the game theoretic sense. But they have "strategic ideas" how to achieve their bargaining goal resulting in distinguishable negotiation patterns.

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Publisher Info
Paper provided by University of Bonn, Germany in its series Discussion Paper Serie B with number 355.

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Length: pages
Date of creation: Jan 1996
Date of revision:
Handle: RePEc:bon:bonsfb:355

Contact details of provider:
Postal: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Fax: +49 228 73 9221
Web page: http://www.bgse.uni-bonn.de/index.php?id=517

For technical questions regarding this item, or to correct its listing, contact: (Daniel Park).

Related research
Keywords: Experimental economics; bargaining experiments; video experiments; equity principle; fairness; threats; strategic ideas.;

Find related papers by JEL classification:
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
C79 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Other

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