Bargaining, Interdependence, and the Rationality of Fair Division
研究两人讨价还价博弈,证明在最后通牒和两阶段交替出价博弈中,均衡预测与所有推翻标准博弈论模型的实验规律一致,包括分歧、不利还价和接近均分的结果。
We consider two person bargaining games with independent preferences, with and without bilateral incomplete information. We show that, both in the ultimatum game and in the two-stage alternating-offers game, our equilibrium predictions are fully consistent with all robust experimental regularities which falsify the standard game theoretic model: occurrence of disagreements, disadvantageous counteroffers, and outcomes that come close to the equal split of the pie.