000 | 01524nam a22002777a 4500 | ||
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003 | ZW-GwMSU | ||
005 | 20240305124123.0 | ||
008 | 240305b |||||||| |||| 00| 0 eng d | ||
022 | _a00222186 | ||
040 |
_aMSU _bEnglish _cMSU _erda |
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050 | _aHB73 JOU | ||
100 |
_aPecorino, Paul _eauthor |
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245 |
_aFairness in an Embedded Ultimatum Game _cby Paul Pecorino and Mark Van Boening |
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264 |
_aChicago: _bUniversity of Chicago Press; _c2011 |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aThe Journal of Law and Economics _vVolume 53, number 2 |
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520 | _aWe embed an ultimatum game in a stylized legal bargaining framework. This changes the framing of the standard ultimatum game in several ways but also moves the bargaining closer to what is found in some naturally occurring settings. In this context, the ultimatum game is played over the joint surplus, which is achieved from settlement rather than a dispute. In our embedded ultimatum game, the median offer contains only 8 percent of the joint surplus from settlement. When we replicate the simple ultimatum game, we find that 50 percent of the joint surplus is contained in the median offer | ||
650 |
_aCentral tendencies _vDefendants _xFairness |
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650 |
_aNull hypothesis _vPlaintiffs _xRisk aversion |
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650 |
_aStatistical median _vSurplus _xTrials |
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700 |
_aBoening, Mark Van _eco author |
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856 | _uhttps://doi.org/10.1086/599622 | ||
942 |
_2lcc _cJA |
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999 |
_c164110 _d164110 |