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http://hdl.handle.net/10419/56892
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| Title: | | Group identity and discrimination in small markets: Asymmetry of in-group favors  |
| Authors: | | Riener, Gerhard Schacht, Alexander |
| Issue Date: | | 2011 |
| Series/Report no.: | | Jena economic research papers 2011,043 |
| Abstract: | | We experimentally study the inuence of induced group identity on the determination of prices and beliefs in a small market game. We create group identity through a focal point coordination game. Subjects play a three-person bargaining game where one seller can sell an indivisible good to one of two competing buyers under four different treatments varying the buyer-seller constellation. We find evidence of in group favoritism on the buyer side. However we do not detect a lower ask prices for in-group sellers for in-group buyers, indicating that in-group favoritism is in favor of the more powerful market participan. |
| Subjects: | | group identity experiments markets bargaining |
| JEL: | | C91 D45 L13 L14 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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