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A Competitive Test of the M1(i) and M1(im) Bargaining Sets

Bibliographic Data

ID6283565
AuthorsH Andrew Michener (University of Wisconsin), Melvin M Sakurai (University of Wisconsin), Kenneth Yuen (University of Wisconsin), Thomas J Kasen (University of Wisconsin)
Year1979
Volume23
Issue1
Pages102-119
Publication date1979-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Conflict Resolution (JOURNAL)
Journal identifiersISSN: 0022-0027 • E-ISSN: 1552-8766
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/002200277902300106
OpenAlexW1988975935
LanguageEN
Citations received3
References cited13

Two game theoretic solution theories, the M1(i) bargaining set and the M1(im) modified bargaining set, were tested competitively in six three-person games with side-payments. Subjects were 90 males who participated in 30 bargaining groups. Results showed that M1(im) is significantly and consistently superior to M1(i) in predicting the distribution of payoffs in these conflicts (p <.01). Results are discussed in terms of the formal differences between the theories

Bargaining problem · Distribution (mathematics · Economics · Mathematical analysis · Mathematical economics · Microeconomics · Payment · Set (abstract data type · Test (biology · Computer Science · Experimental Behavioral Economics Studies · Finance · Game Theory and Voting Systems · Law, Economics, and Judicial Systems · Mathematics

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Unique citing works3
Citations per year0,07
Citation span1980 - 1983 (4)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3

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