Time is not money

Tore Ellingsen and Magnus Johannesson

Journal of Economic Behavior & Organization, 2009, vol. 72, issue 1, 96-102

Abstract: In an ultimatum bargaining experiment, we study how subjects bargain over the returns to their investments of money and time. The most notable finding is that a third of the subjects demand no compensation for their time investments, whereas almost all subjects demand compensation for equally costly monetary investments.

Keywords: Bargaining; Sunk; costs; Time; domain; Monetary; domain (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0167-2681(09)00147-4
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Time Is Not Money (2009)
Working Paper: Time is not money (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:72:y:2009:i:1:p:96-102

Access Statistics for this article

Journal of Economic Behavior & Organization is currently edited by Houser, D. and Puzzello, D.

More articles in Journal of Economic Behavior & Organization from Elsevier
Bibliographic data for series maintained by Catherine Liu ().