| Document Type
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BL
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| Record Number
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751839
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| Doc. No
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b571798
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| Main Entry
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Wolfgang Ryll.
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| Title & Author
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Litigation and settlement in a game with incomplete information : : an experimental study\ Wolfgang Ryll.
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| Publication Statement
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Berlin ; New York : Springer, ©1996.
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| Series Statement
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Lecture notes in economics and mathematical systems, 440.
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| Page. NO
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(viii, 174 pages) : illustrations
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| ISBN
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3642614671
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: 9783642614675
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| Contents
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Introduction --; The Game-Teoretic Model and Equilibrium Sets --; Experimental Design and Organisation of the Experiment --; Experimental Results --; Learning Theories --; Monte-Carlo Simulations and Testing of the Learning Direction Theory Against a Simple Alternative Theory --; Comparison of the Results of Direction Learning and the Simple Alternative Theory --; Summary.
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| Abstract
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The book investigates a two-person game of litigation and settlement with incomplete information on one side. The experimental design allows investigation of how subjects solve the bargaining problem. A prominence level analysis is applied to the data and suggests that subjects tend to choose "round" numbers. It is shown that there exists a correlation between machiavellianism and subjects' adjustment behaviour in the game. The learning behaviour is discussed extensively. Plaintiffs' acceptance limits polarize at the beginning of the second play. A model of learning direction theory applied to explain subjects's behaviour over the course of the game.
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| Subject
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Actions and defenses -- Psychological aspects.
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| Subject
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Compromise (Law) -- Psychological aspects.
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| Subject
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Dispute resolution (Law) -- Psychological aspects.
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| LC Classification
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K2390.W654 1996
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| Added Entry
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Wolfgang Ryll
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