Advanced search

Biased Judgments of Fairness in Bargaining: A Replication in the Laboratory

Author
Organization
Abstract
Babcock et al. (1995) show that bargaining parties self-servingly interpret the facts of a tort case and that this bias undermines settlement bargaining. More than 20 years later, we replicate their experiment in a computer laboratory. The results of the replication are mixed. While we find clear evidence of self-serving bias, its negative effect on bargaining is much weaker in the replication. We provide plausible explanations for this deviation from the original results.

Citation

Please use this url to cite or link to this publication:

Chicago
Höppner, Sven, and Svenja Hippel. 2018. “Biased Judgments of Fairness in Bargaining: A Replication in the Laboratory.” International Review of Law and Economics.
APA
Höppner, S., & Hippel, S. (2018). Biased Judgments of Fairness in Bargaining: A Replication in the Laboratory. INTERNATIONAL REVIEW OF LAW AND ECONOMICS.
Vancouver
1.
Höppner S, Hippel S. Biased Judgments of Fairness in Bargaining: A Replication in the Laboratory. INTERNATIONAL REVIEW OF LAW AND ECONOMICS. 2018;
MLA
Höppner, Sven, and Svenja Hippel. “Biased Judgments of Fairness in Bargaining: A Replication in the Laboratory.” INTERNATIONAL REVIEW OF LAW AND ECONOMICS (2018): n. pag. Print.
@article{8562674,
  abstract     = {Babcock et al. (1995) show that bargaining parties self-servingly interpret the facts of a tort case and that this bias undermines settlement bargaining. More than 20 years later, we replicate their experiment in a computer laboratory. The results of the replication are mixed. While we find clear evidence of self-serving bias, its negative effect on bargaining is much weaker in the replication. We provide plausible explanations for this deviation from the original results.},
  author       = {H{\"o}ppner, Sven and Hippel, Svenja},
  issn         = {0144-8188 },
  journal      = {INTERNATIONAL REVIEW OF LAW AND ECONOMICS},
  title        = {Biased Judgments of Fairness in Bargaining: A Replication in the Laboratory},
  year         = {2018},
}