Fairness through the Lens of Cooperative Game Theory: An Experimental Approach

Geoffroy de Clippel and Kareen Rozen

No 2020-09, Working Papers from Brown University, Department of Economics

Abstract: We experimentally investigate how impartial observers allocate money to agents whose complementarity and substitutability determine the surplus each group can achieve. Analyzing the data through the lens of axioms and solutions from cooperative-game theory, a oneparameter model (mixing equal split and Shapley value) arises as a parsimonious description of the data. Three treatments establish the robustness of this qualitative conclusion, while also illustrating how context may impact the parameter estimate.

Date: 2020
New Economics Papers: this item is included in nep-exp and nep-gth
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Related works:
Journal Article: Fairness through the Lens of Cooperative Game Theory: An Experimental Approach (2022)
Working Paper: Fairness Through the Lens of Cooperative Game Theory: An Experimental Approach (2014)
Working Paper: Fairness through the Lens of Cooperative Game Theory: An Experimental Approach (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:bro:econwp:2020-09

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