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dc.contributor.authorKaragözoğlu, Eminen
dc.contributor.authorRiedl, Arnoen
dc.date.accessioned2010-08-16-
dc.date.accessioned2010-08-18T11:18:32Z-
dc.date.available2010-08-18T11:18:32Z-
dc.date.issued2010-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3133en
dc.subject.jelC79en
dc.subject.jelC92en
dc.subject.jelD01en
dc.subject.jelD29en
dc.subject.jelD63en
dc.subject.jelD89en
dc.subject.jelM59en
dc.subject.ddc330en
dc.subject.keywordbargainingen
dc.subject.keywordperformance informationen
dc.subject.keywordrandomness in production processen
dc.subject.keywordentitlementsen
dc.subject.keywordexperimentsen
dc.subject.stwVerhandlungstheorieen
dc.subject.stwPersonalbeurteilungen
dc.subject.stwAsymmetrische Informationen
dc.subject.stwSportökonomiken
dc.subject.stwRisikoen
dc.subject.stwTesten
dc.titleInformation, uncertainty, and subjective entitlements in bargaining-
dc.typeWorking Paperen
dc.identifier.ppn633112925en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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