What price compromise?

被引：2

作者：

Bone, John ^{[1
]}

Hey, John D. ^{[1
]}

Suckling, John ^{[1
]}

机构：

[1] Univ York, Dept Econ, York YO10 5DD, N Yorkshire, England

来源：

THEORY AND DECISION | 2014年 / 77卷 / 03期

关键词：

Bargaining; Compromise; Experiments; Nash Axioms; INFORMATION;

D O I：

10.1007/s11238-014-9465-9

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper identifies, and tests experimentally, a prediction of the Nash bargaining axioms that may appear counterintuitive. The context is a simple bargaining problem in which two players have to agree a choice from three alternatives. One alternative favours one player and a second favours the other. The third is an apparently reasonable compromise, but is in fact precluded as an agreed choice by the Nash axioms. Experimental results show that agreement on this third alternative occurs rather often. Our subjects' behaviour could be interpreted as the paying of an irrationally high price, according to the Nash axioms, in order to reach a compromise agreement.

引用

页码：359 / 376

页数：18

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