Time is not money

Journal of Economic Behavior and Organization

Volumn 72, Issue 1, 2009, Pages 96-102

  Ellingsen, Tore ^a   Johannesson, Magnus ^a  

^a STOCKHOLM SCHOOL OF ECONOMICS   (Sweden)

Author keywords

Bargaining; Monetary domain; Sunk costs; Time domain

Indexed keywords

EID: 70349443121     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jebo.2009.05.010     Document Type: Article

References (27)

1. Becker G., DeGroot M., and Marschak J. Measuring utility by a single-response sequential method. Behavioural Science 9 (1964) 226-232
2. Becker G.S. Human Capital (1964), Columbia University Press for the NBER, New York
3. Becker G.S. A theory of the allocation of time. Economic Journal 75 (1965) 493-517
4. Bohannan P. Social Anthropology (1963), Holt, Rinehart and Winston, New York
5. Bohm P., Lindén J., and Sonnegård J. Eliciting reservation prices: Becker-DeGroot-Marschak mechanisms vs. markets. Economic Journal 107 (1997) 1079-1089
6. Bolton G., and Ockenfels A. ERC: a theory of equity, reciprocity, and competition. American Economic Review 90 (2000) 166-193
7. Camerer C.F. Gifts as economic signals and social symbols. American Journal of Sociology 94 Suppl. (1988) 180-S214
8. Camerer C.F. Behavioral Game Theory: Experiments in Strategic Interaction (2003), Princeton University Press, Princeton
9. Charness G., and Rabin M. Understanding social preferences with simple tests. Quarterly Journal of Economics 117 (2002) 817-869
10. D'Agostino R.B., Chase W., and Belanger A. The appropriateness of some common procedures for testing the equality of two independent binomial populations. American Statistician 42 (1988) 198-202
11. Davidson R., and MacKinnon J.G. The size distortion of bootstrap tests. Econometric Theory 15 (1999) 361-376
12. Efron B., and Tibshirani R.J. An Introduction to the Bootstrap. Monographs on Statistics and Applied Probability, No. 57 (1993), Chapman and Hall, New York
13. Ellingsen T., and Johannesson M. Promises, threats, and fairness. Economic Journal 114 (2004) 397-420
14. Ellingsen T., and Johannesson M. Generosity (2004), Department of Economics, Stockholm School of Economics, Mimeo
15. Ellingsen T., and Johannesson M. Sunk costs and fairness in incomplete information bargaining. Games and Economic Behavior 50 (2005) 155-177
16. Ellingsen T., and Johannesson M. Does impartial deliberation breed fair behavior? An experimental test. Rationality and Society 17 (2005) 116-136
17. Fehr E., and Schmidt K.M. A theory of fairness, competition, and cooperation. Quarterly Journal of Economics 114 (1999) 817-868
18. Grether D.M., and Plott C.R. Economic theory of choice and the preference reversal phenomenon. American Economic Review 69 (1979) 623-638
19. Lee L.C., Piliavin J.A., and Call V.R.A. Giving time, money, and blood: similarities and differences. Social Psychology Quarterly 62 (1999) 276-290
20. Prendergast C., and Stole L. The non-monetary nature of gifts. European Economic Review 45 (2001) 1793-1810
21. Rabin M. Incorporating fairness into game theory and economics. American Economic Review 83 (1993) 1281-1302
22. Tetlock P.E., Kristel O.V., Elson S.B., Green M.C., and Lerner J.S. The psychology of the unthinkable: Taboo trade-offs, forbidden base rates, and heretical counterfactuals. Journal of Personality and Social Psychology 78 (2000) 853-870
23. Thaler R.H. Toward a positive theory of consumer choice. Journal of Economic Behavior and Organization 1 (1980) 39-60
24. Thaler R.H. Mental accounting matters. Journal of Behavioral Decision Making 12 (1999) 183-206
25. Waldfogel J. The deadweight loss of Christmas. American Economic Review 83 (1993) 1328-1336
26. Waltzer M. Spheres of Justice. A Defence of Pluralism and Equality (1983), Blackwell, Oxford
27. Zelitzer V.A.R. The Social Meaning of Money (1994), Princeton University Press, New Jersey