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Verfasst von: | Oechssler, Joerg [VerfasserIn] ![]() |
Roomets, Alex [VerfasserIn] ![]() | |
Titel: | Dissolving an ambiguous partnership |
Verf.angabe: | Jörg Oechssler, Alex Roomets |
Verlagsort: | Heidelberg |
Verlag: | Universitätsbibliothek Heidelberg |
E-Jahr: | 2023 |
Jahr: | 22 Sep. 2023 |
Umfang: | 1 Online-Ressource (32 Seiten) |
Illustrationen: | Diagramme |
Gesamttitel/Reihe: | AWI discussion paper series ; no. 733 (September 2023) |
Abstract: | Two partners try to dissolve a partnership that owns an asset of ambiguous value, where the value is determined ex post by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining mechanisms: unstructured bargaining, the Texas shoot-out, and a K + 1 auction. We find that the K +1 auction is the most e¢ cient mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not usually observed when the partnership has a certain or risky value. |
DOI: | doi:10.11588/heidok.00033829 |
URL: | kostenfrei: Resolving-System: https://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-338294 |
kostenfrei: Resolving-System: http://dx.doi.org/10.11588/heidok.00033829 | |
kostenfrei: Volltext: http://www.ub.uni-heidelberg.de/archiv/33829 | |
kostenfrei: Verlag: http://archiv.ub.uni-heidelberg.de/volltextserver/33829/7/Oechssler_Roomets_2023_dp733.pdf | |
kostenfrei: Resolving-System: https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-338294 | |
kostenfrei: Langzeitarchivierung Nationalbibliothek: https://d-nb.info/1303669188/34 | |
kostenfrei: Resolving-System: https://hdl.handle.net/10419/283379 | |
DOI: https://doi.org/10.11588/heidok.00033829 | |
10419/283379 | |
URN: | urn:nbn:de:bsz:16-heidok-338294 |
Datenträger: | Online-Ressource |
Sprache: | eng |
Sach-SW: | Bargaining |
ambiguity | |
experiment | |
Form-SW: | Graue Literatur |
K10plus-PPN: | 1860286747 |
Verknüpfungen: | → Übergeordnete Aufnahme |
Lokale URL UB: | ![]() |