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Time is not money

[journal article]

Ellingsen, Tore; Johannesson, Magnus

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Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-293876

Further Details
Abstract In an ultimatum bargaining experiment, we study how subjects bargain over the returns to their investments of money and time. The most notable finding is that a third of the subjects demand no compensation for their time investments, whereas almost all subjects demand compensation for equally costly monetary investments.
Classification Human Resources Management
Free Keywords Bargaining; Sunk costs; Time domain; Monetary domain
Document language English
Publication Year 2009
Page/Pages p. 96-102
Journal Journal of Economic Behavior & Organization, 72 (2009) 1
DOI http://dx.doi.org/10.1016/j.jebo.2009.05.010
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)