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• W2069681584 abstract "We consider a noncooperative game in which two bargainers have to divide a given surplus (“pie”) by alternating in making and responding to proposals over the division of the surplus; time is discounted, the number of rounds is unlimited, and the discount factors are common knowledge. Two experiments using both equal and unequal discount factors are reported. Their major purpose is to test the subgame perfect equilibrium and compare it to two simpler models incorporating the norms of equality and equity. Analyses of final agreements, number of rounds to agreement, and counteroffers reject the subgame perfect equilibrium model and partially support the other two models." @default.
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• W2069681584 date "1990-03-01" @default.
• W2069681584 modified "2023-09-30" @default.
• W2069681584 title "Two-person bargaining behavior in fixed discounting factors games with infinite horizon" @default.
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• W2069681584 doi "https://doi.org/10.1016/0899-8256(90)90015-m" @default.
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