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題名 An Experimental Study on Dividing Gains through Politics
作者 Hsu, Li-Chen;Kan, Kamhon;Yang, C.C.;Yang, Chun-Lei
貢獻者 財政系
日期 2015-02
上傳時間 19-Feb-2016 12:03:49 (UTC+8)
摘要 This article offers experimental evidence to examine an important case in politics where a monopolistic proposer seeks a majority`s consent from competitive responders to split the gain. The unique subgame perfect equilibrium prediction is that the side of trade with a monopoly will exploit the side of trade with competition to reap almost all of the gain. Our experimental evidence reveals that while responders do compete with each other to race to the bottom (consistent with the prediction), the monopolistic proposer settles down to offer a ‘fair’ share of the pie to those from whom he or she seeks majority support (contrary to the prediction).
關聯 Scottish Journal of Political Economy,62(5), 546-566
資料類型 article
DOI http://dx.doi.org/10.1111/sjpe.12084
dc.contributor 財政系
dc.creator (作者) Hsu, Li-Chen;Kan, Kamhon;Yang, C.C.;Yang, Chun-Lei
dc.date (日期) 2015-02
dc.date.accessioned 19-Feb-2016 12:03:49 (UTC+8)-
dc.date.available 19-Feb-2016 12:03:49 (UTC+8)-
dc.date.issued (上傳時間) 19-Feb-2016 12:03:49 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/81329-
dc.description.abstract (摘要) This article offers experimental evidence to examine an important case in politics where a monopolistic proposer seeks a majority`s consent from competitive responders to split the gain. The unique subgame perfect equilibrium prediction is that the side of trade with a monopoly will exploit the side of trade with competition to reap almost all of the gain. Our experimental evidence reveals that while responders do compete with each other to race to the bottom (consistent with the prediction), the monopolistic proposer settles down to offer a ‘fair’ share of the pie to those from whom he or she seeks majority support (contrary to the prediction).
dc.format.extent 803144 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Scottish Journal of Political Economy,62(5), 546-566
dc.title (題名) An Experimental Study on Dividing Gains through Politics
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1111/sjpe.12084
dc.doi.uri (DOI) http://dx.doi.org/10.1111/sjpe.12084