Standing united or falling divided? High stakes bargaining in a TV game show

van Dolder, Dennie (2017). Standing united or falling divided? High stakes bargaining in a TV game show. [Data Collection]. Colchester, Essex: UK Data Archive. 10.5255/UKDA-SN-852884

This network project brings together economists, psychologists, computer and complexity scientists from three leading centres for behavioural social science at Nottingham, Warwick and UEA. This group will lead a research programme with two broad objectives: to develop and test cross-disciplinary models of human behaviour and behaviour change; to draw out their implications for the formulation and evaluation of public policy.
Foundational research will focus on three inter-related themes:
understanding individual behaviour and behaviour change; understanding social and interactive behaviour; rethinking the foundations of policy analysis.
The project will explore implications of the basic science for policy via a series of applied projects connecting naturally with the three themes. These will include: the determinants of consumer credit behaviour; the formation of social values; strategies for evaluation of policies affecting health and safety.
The research will integrate theoretical perspectives from multiple disciplines and utilise a wide range of complementary methodologies including: theoretical modeling of individuals, groups and complex systems; conceptual analysis; lab and field experiments; analysis of large data sets.
The Network will promote high quality cross-disciplinary research and serve as a policy forum for understanding behaviour and behaviour change.

Data description (abstract)

We examine high stakes three-person bargaining in a game show where contestants bargain over a large money amount that is split into three unequal shares. We find that individual behavior and outcomes are strongly influenced by equity concerns: those who contributed more to the jackpot claim larger shares, are less likely to make concessions, and take home larger amounts. Contestants who announce that they will not back down do well relative to others, but they do not secure larger absolute amounts and they harm others. There is no evidence of a first-mover advantage and little evidence that demographic characteristics matter.

Data creators:
Creator Name Affiliation ORCID (as URL)
van Dolder Dennie University of Nottingham
Contributors:
Name Affiliation ORCID (as URL)
van den Assem Martijn J VU University Amsterdam
Camerer Colin F California Institute of Technology
Thaler Richard H University of Chicago
Sponsors: Economic and Social Research Council
Grant reference: ES/K002201/1
Topic classification: Economics
Keywords: bargaining theory, matching theory, consumer economics, empirical analysis, entertainment, media
Project title: Network for Integrated Behavioural Science
Grant holders: Chris Starmer, Nick Chater, Daniel John Zizzo, Gordon Brown, Anders Poulsen, Martin Sefton, Neil Stewart, Uwe Aickelin, Robert Sugden, John Gathergood, Abigail Barr, Robin Cubitt, Daniel Read, Enrique Fatas, Shaun Hargreaves-Heap, Graham Loomes, Simon Gaechter, Robert MacKay, Theodore Turocy
Project dates:
FromTo
31 December 201230 September 2017
Date published: 24 Dec 2017 12:01
Last modified: 24 Dec 2017 12:01

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