An Experimental Investigation of 2-Person Bargaining
Malouf, Michael-Walid Khalil
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https://hdl.handle.net/2142/67320
Description
Title
An Experimental Investigation of 2-Person Bargaining
Author(s)
Malouf, Michael-Walid Khalil
Issue Date
1980
Department of Study
Business Administration
Discipline
Business Administration
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Business Administration, General
Language
eng
Abstract
Three computer-assisted experiments are designed to test some game-theoretic problems in 2-person bargaining. The role and the type of information is examined in situations where players bargain over chips, and in others where they negotiate over how to divide lottery tickets with chips as prizes. The information about the monetary values is manipulated, and its effect on the strategic behavior of the players is studied. The cause and the control of disagreement are discussed in the general context of conflict of interest.
The computer programs that were developed for this purpose enabled the players to exchange messages and proposals via terminals. All transactions were automatically recorded.
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