Show/Hide Menu
Hide/Show Apps
anonymousUser
Logout
Türkçe
Türkçe
Search
Search
Login
Login
OpenMETU
OpenMETU
About
About
Açık Bilim Politikası
Açık Bilim Politikası
Frequently Asked Questions
Frequently Asked Questions
Browse
Browse
By Issue Date
By Issue Date
Authors
Authors
Titles
Titles
Subjects
Subjects
Communities & Collections
Communities & Collections
The Effect of Stake Size in Experimental Bargaining and Distribution Games: A Survey
Download
index.pdf
Date
2017-03-01
Author
KARAGÖZOĞLU, EMİN
Urhan, Umit Baris
Metadata
Show full item record
This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
.
Item Usage Stats
10
views
5
downloads
We review the literature on bargaining and distribution experiments to investigate whether changes in stake size have significant effects on behaviour in laboratory/field settings. We conclude that experiments in this field do not lead to clear/common results. The joint presence of opposing factors (e.g., increasing relative risk aversion and increasing cost of fairness) might be one reason contributing to this. Moreover, we argue that variables such as subjects' financial conditions, cognitive abilities, risk attitudes, loss-aversion, justice orientations, and relevant personality characteristics should be controlled in laboratory experiments to understand the effect of stake size on behaviour, more clearly. Finally, quasi-experiments using data from (very) high-stake games/events and meta-analysis studies should complement (individual) controlled experiments.
Subject Keywords
Management of Technology and Innovation
,
Strategy and Management
,
Arts and Humanities (miscellaneous)
,
General Decision Sciences
,
General Social Sciences
URI
https://hdl.handle.net/11511/65357
Journal
GROUP DECISION AND NEGOTIATION
DOI
https://doi.org/10.1007/s10726-016-9490-x
Collections
Deparment of Labour Economics and Industrial Relations, Article