rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Fairness in Bargaining and Markets
  name:
    name part: Korth, Christian.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2009
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XV, 175 p. online resource.
  abstract: This book contributes to behavioral economic research on the central issue of social preferences, focusing on the implications of social fairness norms on the interaction of market participants. The author uses both game-theoretic and experimental methods to analyze the implications of social fairness norms on the outcomes of bilateral bargaining situations. It is shown that a preference for reciprocity is evolutionarily stable in a "game of life" that consists of bilateral bargaining situations. The fairness benchmark or reference that such a preference depends on is investigated through a classroom experiment. Furthermore, the book presents a theoretical analysis of a market model as well as an experimental laboratory study to explore the implications of fairness concerns for price formation in matching markets.
  table of contents: Bargaining Theory -- Game Theory and Fairness Preferences -- Reciprocity#x2014;An Indirect Evolutionary Analysis -- Fairness Norms in Ultimatum Exchanges -- Fairness, Price Stickiness, and History Dependence in Decentralized Trade -- Generalizations and Extensions of the Decentralized Trade Model -- Price Rigidity in an Experimental Market.
  note: by Christian Korth.
  subject:
    topic: Economic theory
  subject:
    topic: Microeconomics
  subject:
    topic: Economics
  subject:
    topic: Economic Theory/Quantitative Economics/Mathematical Methods
  subject:
    topic: Microeconomics
  classification: HB1-846.8
  classification: 330.1
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Lecture Notes in Economics and Mathematical Systems, 627
  identifier: 9783642022531
  identifier: http://dx.doi.org/10.1007/978-3-642-02253-1
  record info:
    record creation date: 100301
    record change date: 20151204142458.0
    record identifier: 978-3-642-02253-1