Economics at your fingertips  

Time Is Not Money

Tore Ellingsen () and Magnus Johannesson ()

Post-Print from HAL

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: C91; J20; L14; Z13; Bargaining; Sunk costs; Time domain; Monetary domain (search for similar items in EconPapers)
Date: 2009-05-21
Note: View the original document on HAL open archive server:
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Published in Journal of Economic Behavior and Organization, Elsevier, 2009, 72 (1), pp.96. 〈10.1016/j.jebo.2009.05.010〉

Downloads: (external link) (application/pdf)

Related works:
Journal Article: Time is not money (2009) Downloads
Working Paper: Time is not money (2006) Downloads
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:

DOI: 10.1016/j.jebo.2009.05.010

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

Page updated 2019-06-10
Handle: RePEc:hal:journl:hal-00699366