BETTER LATER THAN NEVER? AN EXPERIMENT ON BARGAINING UNDER ADVERSE SELECTION

Keyphrases

• Friction 100%
• Adverse Selection 100%
• Take-it-or-leave-it 100%
• Control Method 50%
• Buyers 50%
• Low Efficiency 50%
• Incomplete Information 50%
• Seller 50%
• Loss Aversion 50%
• Asymmetric Information 50%
• Fairness Preference 50%
• Behavioral Deviations 50%
• Preference-aversion 50%

Economics, Econometrics and Finance

• Asymmetric Information 100%