Commitment versus Discretion in the Peasant-Dictator Game
Commitment versus Discretion in the Peasant-Dictator Game
复制标题
农民独裁者博弈中的承诺与自由裁量权
DOI:
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发表时间:
1995
期刊:
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通讯作者:
Mary F. Walters
中科院分区:
文献类型:
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作者:
J. Huyck;R. Battalio;Mary F. Walters
Abstract We report an experiment designed to test the influence of commitment versus discretion in a simple bargaining game. Game theory predicts and the public policy literature emphasizes that the ability to make commitments promotes efficiency. We find that commitment does significantly increase efficiency in the experiment. Finally, we relate our findings to the extant literature on extensive form bargaining experiments by examining fairness and trust as explanations for some observed anomalies. Journal of Economic Literature Classification Numbers: C720, C790, C920, E610.