Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70164
Authors: 
Vollstädt, Ulrike
Böhm, Robert
Year of Publication: 
2012
Series/Report no.: 
Jena Economic Research Papers 2012,048
Abstract: 
In reality, it is often groups rather than individuals that make decisions. In previous experiments, groups have frequently been shown to act differently from individuals in several ways. It has been claimed that inter-group interactions may be (1) more competitive, (2) more rational, or (3) more prosocial than inter-individual interactions. While some of these observed differences may be due to differences in the experimental designs, it is still not clear which of the three motivations is prevailing as they have often been behaviorally confounded in previous experiments. We use Rubinstein's alternating offers bargaining game to compare inter-individual with inter-group behavior since it allows separating the predictions of competitive, rational and prosocial behavior. We find that groups are, on average, more rational bargainers than individuals.
Subjects: 
alternating offers bargaining experiment
inter-group behavior
inter-individual behavior
JEL: 
C78
D70
Document Type: 
Working Paper

Files in This Item:
File
Size
447.16 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.