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dc.contributor.authorKaragözoğlu, Eminen_US
dc.contributor.authorRiedl, Arnoen_US
dc.date.accessioned2010-08-16en_US
dc.date.accessioned2010-08-18T11:18:32Z-
dc.date.available2010-08-18T11:18:32Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/38943-
dc.description.abstractMore often than not production processes are the joint endeavor of people having different abilities and productivities. Such production processes and the associated surplus production are often not fully transparent in the sense that the relative contributions of involved agents are blurred; either by lack of information about the actual performance of collaborators or because of random noise in the production process or both. These variables likely influence the surplus sharing negotiations following the production. By means of a laboratory experiment, we systematically investigate their role for the whole bargaining process from opening offers to (dis)agreements and find that uncertainties in surplus production and (even) a very coarse performance information lead to bargaining asymmetries. In addition, we find that bargainers' subjective entitlements are also influenced by performance information and the randomness inherent in the production process. These differences in subjective entitlements together with the differences in entitlements between better and worse performers influence the whole bargaining process and significantly contribute to the differences in bargaining outcomes.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper Empirical and Theoretical Methods 3133en_US
dc.subject.jelC79en_US
dc.subject.jelC92en_US
dc.subject.jelD01en_US
dc.subject.jelD29en_US
dc.subject.jelD63en_US
dc.subject.jelD89en_US
dc.subject.jelM59en_US
dc.subject.ddc330en_US
dc.subject.keywordbargainingen_US
dc.subject.keywordperformance informationen_US
dc.subject.keywordrandomness in production processen_US
dc.subject.keywordentitlementsen_US
dc.subject.keywordexperimentsen_US
dc.subject.stwVerhandlungstheorieen_US
dc.subject.stwPersonalbeurteilungen_US
dc.subject.stwAsymmetrische Informationen_US
dc.subject.stwSportökonomiken_US
dc.subject.stwRisikoen_US
dc.subject.stwTesten_US
dc.titleInformation, uncertainty, and subjective entitlements in bargainingen_US
dc.typeWorking Paperen_US
dc.identifier.ppn633112925en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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