Economic Experimental Results on Multilateral Bargaining

Glenn Harrison, Gordon Rausser and Leo Simon

Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: In a companion series of papers, we have described a new bargaining institution and the design of laboratory experiments to assess its performance (see Rausser and Simon [1991] and Harrison and Simon [1991]). In this paper we describe and evaluate the first series of pilot experiments. In section 2 we briefly describe the general Multilateral Bargaining institution once again, so as to make the present discussion self-contained. In Section 3 we run through in some detail the numerical solution to one parameterized version of that model, to familiarize the reader with the structure and workings of the model. In Section 4 we discuss some of the conceptual issues that arise in evaluating the performance of the institution in our experiments. In Section 5 we evaluate the pilot experiments using the procedures developed. Finally, in Section 6 we outline the implications of our results for the next stage of experimentation.

Date: 1992-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.card.iastate.edu/products/publications/pdf/90gatt25.pdf Full Text (application/pdf)
https://www.card.iastate.edu/products/publications/synopsis/?p=965 Online Synopsis (text/html)

Related works:
Working Paper: Economic Experimental Results on Multilateral Bargaining (1992)
Working Paper: Economic Experimental Results on Multilateral Bargaining (1990)
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:ias:fpaper:90-gatt25

Access Statistics for this paper

More papers in Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) from Center for Agricultural and Rural Development (CARD) at Iowa State University Contact information at EDIRC.
Bibliographic data for series maintained by ().