The aim of this book is the presentation of two new descriptive theories for experimental bargaining games and a comparison with other descriptive and normative theories. To obtain data it was necessary to develop two sets of computer programs for computer controlled ex periments. Moreover, data obtained by other researchers, which are available to us will be included in this study. The use of laboratory experiments in economics was introduced by THURSTONE 1931] in the field of utility theory. CHAMBERLIN 1948] was the first person to establish an expe rimental market for the purpose of...
The aim of this book is the presentation of two new descriptive theories for experimental bargaining games and a comparison with other descriptive and...