The Effects of Size of Payoff and Real Versus Imaginary Rewards,

Abstract

Previous bargaining experiments manipulating payoff type (real vs. imaginary) and quantity have yielded conflicting results. In general, these studies have failed to distinguish effects at different stages of bargaining and to collect data that permit discrimination among contending explanations. This experiment investigates the effect of real vs. imaginary and $2 vs. $20 payoffs on a large set of pre-negotiation perceptions of the bargaining situation. Results indicate that the two incentive variable effects are less similar than assumed. The quantity variation primarily affects strategic stance; the real-imaginary variation primarily influences the maximizing-difference orientation. Both effects are salient prior to the start of bargaining. (Author)

Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1972
Accession Number
AD0741642

Entities

People

  • Gerald H. Shure
  • Sandra Lanto

Organizations

  • University of California

Tags

DTIC Thesaurus Topics

  • Bargaining
  • Discrimination
  • Motivation
  • Negotiations
  • Orientation (Direction)
  • Perception

Fields of Study

  • Psychology

Readers

  • Game Theory.
  • Organizational Psychology.
  • Plasma Physics / Magnetohydrodynamics