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dc.contributor.authorGächter, Simonen_US
dc.contributor.authorRiedl, Arnoen_US
dc.date.accessioned2009-01-28T16:15:51Z-
dc.date.available2009-01-28T16:15:51Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20671-
dc.description.abstractTheoretical research on claims problems has concentrated on normative properties and axiomatizations of solution concepts. We complement these analyses by empirical evidence on the predictability of three classical solution concepts in a bankruptcy problem. We examine both people's impartial normative evaluations as well as their actual negotiation behavior in a bargaining with claims environment. We measure people's judgments on the normative attractiveness of solution concepts with the help of a survey and also observe actual agreements in a bargaining experiment with real money at stake. We find that the proportional solution is the normatively most attractive rule, whereas actual negotiation agreements are closest to the 'constrained equal award' solution.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1375en_US
dc.subject.jelD63en_US
dc.subject.jelC78en_US
dc.subject.jelC92en_US
dc.subject.ddc330en_US
dc.subject.keywordbankruptcy problems with claimsen_US
dc.subject.keywordproportional ruleen_US
dc.subject.keywordequal-awards ruleen_US
dc.subject.keywordequallosses ruleen_US
dc.subject.keywordfairnessen_US
dc.subject.keywordlaboratory experimenten_US
dc.subject.keywordvignetteen_US
dc.subject.stwKonkursverwaltungen_US
dc.subject.stwGerechtigkeiten_US
dc.subject.stwVerhandlungstheorieen_US
dc.titleDividing Justly in Bargaining Problems with Claims: Normative Judgments and Actual Negotiationsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn476090067en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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