Relatore:
Martin Dufwenberg
- Bocconi University and University of Arizona
lunedì 17 novembre 2014
alle ore
12.30
Aula Menegazzi Palazzo Economia
We develop, and then experimentally test, models of informal agreements. Agents are assumed to be honest but suffer costs of overcoming temptations. We extend two classical bargaining solutions –-- split-the-difference and deal-me-out -- –to our setting. Our data rejects these predictions but strong patterns suggest that a modifi…ed/simpli…ed version of deal-me-out captures a lot of the action.
- Referente
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Marcella
Veronesi
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Referente esterno
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Marcella Veronesi
- Data pubblicazione
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23 agosto 2014