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A behavioral study of bargaining in social networks

Published: 07 June 2010 Publication History

Abstract

We report on a series of highly controlled human subject experiments in networked bargaining. The basic interaction between two players is the decision of how to share a mutual payment; we extend this to situate the players in a network. Various theories predict, to different levels of uniqueness, what the shares will be. We analyze our experimental results from three points of view: social efficiency, nodal differences, and human differences; and contrast our behavioral results with the theories.

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    cover image ACM Conferences
    EC '10: Proceedings of the 11th ACM conference on Electronic commerce
    June 2010
    400 pages
    ISBN:9781605588223
    DOI:10.1145/1807342
    Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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    Published: 07 June 2010

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    Author Tags

    1. bargaining
    2. behavioral economics
    3. human subject experiments
    4. network economics

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    EC '10: ACM Conference on Electronic Commerce
    June 7 - 11, 2010
    Massachusetts, Cambridge, USA

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