Fairness in bargaining and markets:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Abschlussarbeit Buch |
| Sprache: | English |
| Veröffentlicht: |
Berlin [u.a.]
Springer
2009
|
| Schriftenreihe: | Lecture notes in economics and mathematical systems
627 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XV, 175 S. Ill., graph. Darst. |
| ISBN: | 9783642022524 |
Internformat
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| 245 | 1 | 0 | |a Fairness in bargaining and markets |c Christian Korth |
| 264 | 1 | |a Berlin [u.a.] |b Springer |c 2009 | |
| 300 | |a XV, 175 S. |b Ill., graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
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| 650 | 7 | |a Marktmechanismus |2 stw | |
| 650 | 7 | |a Preisrigidität |2 stw | |
| 650 | 7 | |a Reziprozität |2 stw | |
| 650 | 7 | |a Theorie |2 stw | |
| 650 | 7 | |a Verhandlungstheorie |2 stw | |
| 650 | 4 | |a Wirtschaftliches Verhalten - Fairness - Präferenz - Reziprozität <Soziologie> - Spieltheorie | |
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Datensatz im Suchindex
| _version_ | 1804139349078441984 |
|---|---|
| adam_text | Contents
Acknowledgements
.................................................
vii
Symbols
........................................................... xiii
Introduction
....................................................... 1
References
..................................................... 5
1
Bargaining Theory
............................................. 7
1.1
The Axiomatic Approach
.................................... 8
1.2
The Strategic Approach
..................................... 10
1.3
A Strategic Perspective on Market Exchange
.................... 12
1.4
Discussion
................................................ 16
References
..................................................... 17
2
Game Theory and Fairness Preferences
........................... 19
2.1
Evidence from Experiments
.................................. 20
2.2
Equity-based Approaches
.................................... 22
2.3
Reciprocity
................................................ 23
2.3.1
Kindness Term
...................................... 24
2.3.2
Reciprocation Term
.................................. 27
2.3.3
Utility Function
..................................... 27
2.3.4
Equilibrium Concepts
................................ 29
2.3.5
Explanatory Power
................................... 31
2.4
Summary of Fairness Approaches
............................. 32
References
..................................................... 33
3
Reciprocity
—
An Indirect Evolutionary Analysis
................... 35
3.1
The Model
................................................ 39
3.1.1
The Material World
.................................. 39
3.1.2
Agents Preferences
.................................. 40
3.1.3
Stability Concepts
................................... 41
3.2
Evolutionary Analysis
....................................... 42
x
Contents
3.2.1
The Ultimatum Game
................................ 42
3.2.2
The Dictator Game
................................... 46
3.2.3
The Mixed Environment
.............................. 48
3.2.4
Restricted Parameters in the Mixed Environment
.......... 49
3.3
Comparison with a Model Based on Inequity Aversion
........... 52
3.4
Concluding Remarks
........................................ 53
References
..................................................... 54
4
Fairness Norms in Ultimatum Exchanges
......................... 57
4.1
Experimental Design
........................................ 59
4.2
Experimental Results
....................................... 61
4.2.1
Seller Behavior with Reference Points
................... 61
4.2.2
Proposer Behavior: Are Small Reference Prices Negligible?
63
4.2.3
Buyer Behavior with Reference Points
.................. 64
4.2.4
Efficiency
.......................................... 66
4.3
Discussion of Experimental Results
........................... 67
4.4
Concluding Remarks
........................................ 73
Appendix: Instructions
........................................... 74
References
..................................................... 80
5
Fairness, Price Stickiness, and History Dependence
in Decentralized Trade
.......................................... 81
5.1
The Model
................................................ 83
5.2
Analysis of the Model
....................................... 85
5.2.1
Equilibrium Price
.................................... 86
5.2.2
Self-confirming Price Conventions
...................... 91
5.3
Concluding Remarks
........................................ 97
References
.....................................................100
6
Generalizations and Extensions of the Decentralized Trade Model
... 103
6.1
Matching Frictions
.........................................104
6.2
Diverging Reference Prices of Buyers and Sellers
................105
6.3
Mutant in the Market
.......................................107
6.4
Two Types of Agents
.......................................113
6.5
Multiple Agent Types
.......................................117
6.6
Heterogeneous Discount Factors
..............................118
6.7
Shape of the Utility Function
.................................121
6.8
A Model with One-Time Entry
...............................124
6.9
Some Thoughts on incomplete Information
.....................127
6.10
Concluding Remarks
........................................129
Appendix: Price Formulas
........................................132
References
.....................................................137
Contents xi
7
Price Rigidity in an Experimental Market
........................139
7.1
Theoretical Background and Experimental Design
...............141
7.2
Experimental Procedures
....................................144
7.3
Trial Setup
................................................147
7.4
Trial Results
...............................................147
7.5
Concluding Remarks
........................................155
Appendix: Instructions
...........................................157
References
.....................................................166
List of Figures
.....................................................169
List of Tables
......................................................171
Index
.............................................................173
|
| any_adam_object | 1 |
| author | Korth, Christian 1976- |
| author_GND | (DE-588)138397562 |
| author_facet | Korth, Christian 1976- |
| author_role | aut |
| author_sort | Korth, Christian 1976- |
| author_variant | c k ck |
| building | Verbundindex |
| bvnumber | BV035659423 |
| classification_rvk | QC 130 QH 435 SI 853 |
| ctrlnum | (OCoLC)444865760 (DE-599)DNB994038720 |
| dewey-full | 330.1 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.1 |
| dewey-search | 330.1 |
| dewey-sort | 3330.1 |
| dewey-tens | 330 - Economics |
| discipline | Mathematik Wirtschaftswissenschaften |
| format | Thesis Book |
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| id | DE-604.BV035659423 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T21:42:40Z |
| institution | BVB |
| isbn | 9783642022524 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-017713872 |
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| physical | XV, 175 S. Ill., graph. Darst. |
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| series2 | Lecture notes in economics and mathematical systems |
| spelling | Korth, Christian 1976- Verfasser (DE-588)138397562 aut Fairness in bargaining and markets Christian Korth Berlin [u.a.] Springer 2009 XV, 175 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier Lecture notes in economics and mathematical systems 627 Zugl.: Bayreuth, Univ., Diss., 2009 Börsenspiel stw Evolutionäre Spieltheorie stw Gerechtigkeit stw Marktmechanismus stw Preisrigidität stw Reziprozität stw Theorie stw Verhandlungstheorie stw Wirtschaftliches Verhalten - Fairness - Präferenz - Reziprozität <Soziologie> - Spieltheorie Spieltheorie (DE-588)4056243-8 gnd rswk-swf Präferenz (DE-588)4121501-1 gnd rswk-swf Fairness (DE-588)4153589-3 gnd rswk-swf Wirtschaftliches Verhalten (DE-588)4197971-0 gnd rswk-swf Verhandlungstheorie (DE-588)4139583-9 gnd rswk-swf Kooperatives Spiel (DE-588)4120603-4 gnd rswk-swf Marktverhalten (DE-588)4135561-1 gnd rswk-swf Reziprozität Soziologie (DE-588)4321581-6 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Wirtschaftliches Verhalten (DE-588)4197971-0 s Fairness (DE-588)4153589-3 s Präferenz (DE-588)4121501-1 s Reziprozität Soziologie (DE-588)4321581-6 s Spieltheorie (DE-588)4056243-8 s DE-604 Marktverhalten (DE-588)4135561-1 s Verhandlungstheorie (DE-588)4139583-9 s Kooperatives Spiel (DE-588)4120603-4 s b DE-604 Erscheint auch als Online-Ausgabe 978-3-642-02253-1 Lecture notes in economics and mathematical systems 627 (DE-604)BV000000036 627 Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017713872&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Korth, Christian 1976- Fairness in bargaining and markets Lecture notes in economics and mathematical systems Börsenspiel stw Evolutionäre Spieltheorie stw Gerechtigkeit stw Marktmechanismus stw Preisrigidität stw Reziprozität stw Theorie stw Verhandlungstheorie stw Wirtschaftliches Verhalten - Fairness - Präferenz - Reziprozität <Soziologie> - Spieltheorie Spieltheorie (DE-588)4056243-8 gnd Präferenz (DE-588)4121501-1 gnd Fairness (DE-588)4153589-3 gnd Wirtschaftliches Verhalten (DE-588)4197971-0 gnd Verhandlungstheorie (DE-588)4139583-9 gnd Kooperatives Spiel (DE-588)4120603-4 gnd Marktverhalten (DE-588)4135561-1 gnd Reziprozität Soziologie (DE-588)4321581-6 gnd |
| subject_GND | (DE-588)4056243-8 (DE-588)4121501-1 (DE-588)4153589-3 (DE-588)4197971-0 (DE-588)4139583-9 (DE-588)4120603-4 (DE-588)4135561-1 (DE-588)4321581-6 (DE-588)4113937-9 |
| title | Fairness in bargaining and markets |
| title_auth | Fairness in bargaining and markets |
| title_exact_search | Fairness in bargaining and markets |
| title_full | Fairness in bargaining and markets Christian Korth |
| title_fullStr | Fairness in bargaining and markets Christian Korth |
| title_full_unstemmed | Fairness in bargaining and markets Christian Korth |
| title_short | Fairness in bargaining and markets |
| title_sort | fairness in bargaining and markets |
| topic | Börsenspiel stw Evolutionäre Spieltheorie stw Gerechtigkeit stw Marktmechanismus stw Preisrigidität stw Reziprozität stw Theorie stw Verhandlungstheorie stw Wirtschaftliches Verhalten - Fairness - Präferenz - Reziprozität <Soziologie> - Spieltheorie Spieltheorie (DE-588)4056243-8 gnd Präferenz (DE-588)4121501-1 gnd Fairness (DE-588)4153589-3 gnd Wirtschaftliches Verhalten (DE-588)4197971-0 gnd Verhandlungstheorie (DE-588)4139583-9 gnd Kooperatives Spiel (DE-588)4120603-4 gnd Marktverhalten (DE-588)4135561-1 gnd Reziprozität Soziologie (DE-588)4321581-6 gnd |
| topic_facet | Börsenspiel Evolutionäre Spieltheorie Gerechtigkeit Marktmechanismus Preisrigidität Reziprozität Theorie Verhandlungstheorie Wirtschaftliches Verhalten - Fairness - Präferenz - Reziprozität <Soziologie> - Spieltheorie Spieltheorie Präferenz Fairness Wirtschaftliches Verhalten Kooperatives Spiel Marktverhalten Reziprozität Soziologie Hochschulschrift |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017713872&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV000000036 |
| work_keys_str_mv | AT korthchristian fairnessinbargainingandmarkets |