Experimental Results on Bargaining Under Alternatives Property Rights Regimes
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Operations, Information and Decisions Papers
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Behavioral Economics
Other Economics
Quantitative, Qualitative, Comparative, and Historical Methodologies
Other Economics
Quantitative, Qualitative, Comparative, and Historical Methodologies
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Croson, Rachel
Johnstone, John S
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Abstract
The effect of alternative property rights regimes on the choice between taking an object and acquiring it via a consensual exchange is experimentally explored in a two-period screening game. Results are generally consistent with equilibrium predictions, suggesting that property rights regimes have a significant impact on observed behavior.
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2000-01-01
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Journal of Law, Economic and Organization