Fairness in Bargaining and Markets
This book contributes to behavioral economic research on the central issue of social preferences, focusing on the implications of social fairness norms on the interaction of market participants. The author uses both game-theoretic and experimental methods to analyze the implications of social fairne...
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| Format: | Electronic |
| Language: | English |
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Berlin, Heidelberg :
Springer Berlin Heidelberg,
2009.
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| Series: | Lecture Notes in Economics and Mathematical Systems,
627 |
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| Online Access: | https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-642-02253-1 |
Table of Contents:
- Introduction
- Bargaining Theory
- Game Theory and Fairness Preferences
- Reciprocity - An Indirect Evolutionary Analysis
- Fairness Norms in Ultimatum Exchanges
- Fairness, Price Stickiness, and History Dependence in Decentralized Trade
- Generalizations and Extensions of the Decentralized Trade Model
- Price Rigidity in an Experimental Market.