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Time is not money
[Zeitschriftenartikel]
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... mehr
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.... weniger
Klassifikation
Personalwesen
Freie Schlagwörter
Bargaining; Sunk costs; Time domain; Monetary domain
Sprache Dokument
Englisch
Publikationsjahr
2009
Seitenangabe
S. 96-102
Zeitschriftentitel
Journal of Economic Behavior & Organization, 72 (2009) 1
DOI
https://doi.org/10.1016/j.jebo.2009.05.010
Status
Postprint; begutachtet (peer reviewed)
Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)