Gary E. Bolton

This page has links to reprints of some of my papers.  For a more up-to-date listing of my publications, click the Vita link.

Social Utility Theory

Bolton and Axel Ockenfels, ERC: A theory of equity, reciprocity and competition, American Economic Review 2000, 90, 166 - 193.

Bolton and Axel Ockenfels, Strategy and equity: An ERC-analysis of the Guth-van Damme game, Journal of Mathematical Psychology, 1998, 42, 215-226.
    (Reprinted with permission from Elsevier Science)

Bolton, The rationality of splitting equally, Journal of Economic Behavior and Organization, 1997, 32, 365 - 381.

Bolton, A comparative model of bargaining: Theory and evidence, American Economic Review, 1991, 81, 1096 - 1136

Bargaining and Dispute Resolution

Abbink, Klaus, Bolton, Karim Sadrieh & Fang-Fang Tang, Adaptive learning versus punishment in ultimatum bargaining, Games and Economic Behavior, 2001, 37, 1-25.
    (Reprinted with permission from Elsevier Science)

Bolton and Elena Katok, Reinterpreting arbitration’s narcotic effect: An experimental investigation, Games and Economic Behavior, 1998, 25, 1-33.
    (Reprinted with permission from Elsevier Science)

Bolton and Kalyan Chatterjee, Coalition formation, communication and coordination: An exploratory experiment, in R. Zeckhauser, R. Keeney and J. Sebenius, eds., Wise Choices: Games, Decisions, and Negotiations, Harvard Business School Press, 1996, 253 - 271.

Bolton and Rami Zwick, Anonymity versus punishment in ultimatum bargaining, Games and Economic Behavior, 1995, 48, 287-292.
    (Reprinted with permission from Elsevier Science)

Trust, Reciprocity, and Fairness

Bolton, Motives and the games people play, Journal of Consciousness Studies, 2000, 7, 285 - 291.  Special issue on Evolutionary origins of morality also republished in book form, Leonard D. Katz (ed.), 2000, Bowling Green, OH: Imprint Academic, 285 - 291.

Bolton, Jordi Brandts and Elena Katok, How strategy sensitive are contributions? A test of six hypotheses in a two-person dilemma game, Economic Theory, 2000, 15, 367-387.
    (Reprinted with permission from Elsevier Science)

Bolton and Elena Katok, An experimental test of the crowding out hypothesis: The nature of beneficent behavior, Journal of Economic Behavior and Organization, 1998, 37, 315 - 331.

Bolton, Elena Katok and Rami Zwick, Dictator game giving: Rules of fairness versus acts of kindness, International Journal of Game Theory, 1998, 27, 269 - 299.

Bolton, Jordi Brandts and Axel Ockenfels, Measuring motivation in the reciprocal responses observed in a dilemma game, Experimental Economics, 1998, 1, 207- 220.

Bolton and Elena Katok, An experimental test for gender differences in beneficent behavior, Economics Letters, 1995, 48, 287 - 292.

Statistical Methods

Fong, Duncan K.H., Scott E. Pammer, Steven F. Arnold and Bolton, Reanalyzing ultimatum bargaining: Comparing nondecreasing curves without shape constraints, Journal of Business and Economic Statistics, 2002, 20, 423- 430.

Duncan K. H. Fong and Bolton, Analyzing ultimatum bargaining: A Bayesian approach to the comparison of two potency curves under shape constraints, Journal of Business and Economics Statistics, 1997, 15, 335-344.

Review Papers, Comments, and Special Issue Intros

Bolton and Anthony M. Kwasnica, Editors' introduction to the special issue on experimental economics in practice, Interfaces, forthcoming.

Bolton, Game theory’s role in role-playing, International Journal of Forecasting, 2002, 353-358.
    (Reprinted with permission from Elsevier Science)

Bolton, Strong and weak equity effects, in D. Budescu, I. Erev and R. Zwick, eds., Games and Human Behavior, Erhlbaum: Mahwah, NJ, 1999, 203-236.

Bolton, Editor’s introduction to the special issue on experimental economics, Journal of Mathematical Psychology, 1998, 42, 129-132.
    (Reprinted with permission from Elsevier Science)

Bolton, Bargaining and dilemma games: From experimental data towards theoretical synthesis, Experimental Economics, 1998, 1, 257-281.

Selected Research Publications

Bolton, Claudia Loebbecke and Axel Ockenfels, How social reputation networks interact with competition in online trading: An experimental study, Journal of Management Information Systems, forthcoming.

DeBruyn, Arnaud and Bolton, Estimating the influence of fairness on bargaining behavior, Management Science, forthcoming.

Bolton and Elena Katok, Learning-by-doing in the newsvendor problem: A Laboratory investigation of the role of experience and feedback, Manufacturing and Services Operations Management, 2008, 10, 519-538.

Bolton and Axel Ockenfels, Inequality aversion, efficiency, and maximin preferences in simple distribution experiments: Comment, American Economic Review, 2006, 96, 1906-1911.

Roulston, Mark, Bolton, Andrew Kleit, Addison Sears-Collins (2006), “A laboratory study of the benefits of including uncertainty information in weather forecasts,” Weather and Forecasting, 2006, 21, 116-122.

Bolton, Jordi Brandts and Axel Ockenfels, Fair procedures: Evidence from games involving lotteries, Economics Journal, 2005, 115, 1054-1076.

Bolton, Elena Katok and Axel Ockenfels, Cooperation among strangers with limited information about reputation, Journal of Public Economics, 2005, 89, 1457-1468.

Bolton and Axel Ockenfels, A stress test of fairness measures in models of social utility, Economic Theory, 2005, 25, 957-82.

Bolton, Katok and Ockenfels, How effective are electronic reputation mechanisms? An experimental investigation, Management Science, 2004, 50, 1587-1602.

Bolton, Kalyan Chatterjee and Kathleen McGinn, How communication links influence coalition bargaining: A laboratory investigation, Management Science, 2003, 49, 583-598.

More Research Publications

Bolton, Claudia Loebbecke, Axel Ockenfels, The impact of  competition and reputation feedback systems on Internet trading, International Conference on Information Systems (ICIS), Montreal, Canada, Dec. 9-12, 2007.

Bolton, Claudia Loebbecke, Axel Ockenfels, The interplay between competition and feedback in online trading networks, Academy of Management Annual Meeting AoM), Organization Communication and Information Systems (OCIS) Professional Development Workshop, Philadelphia, PA, US, August 3-8, 2007.

Bolton, and Axel Ockenfels, The limits of trust, in Trust and Reputation, Chris Snijders, ed., Russell Sage: New York, forthcoming. 

Bolton and Costin Zaharia, “Pricing favors: Some evidence on the efficiency of backscratching,” Political Psychology, 2006, 27, 479-495.

Bolton, Elena Katok and Axel Ockenfels, Bridging the trust gap in electronic markets: A strategic framework for empirical study, in Applications of Supply Chain Management and E-commerce Research in Industry, E. Akcalai, J. Geunes, P.M Pardolos, H. E. Romeijn, and Z. J. Shen, eds., Kluwer: New York, 2005, 195-216.

Bolton, Elena Katok and Axel Ockenfels, Trust among Internet traders: A behavioral economics approach, Analyse und Kritik¸ 2004, 26, 185-202.

Bolton and Elena Katok, The role of learning in arbitration: As exploratory experiment, in Advances in Understanding Strategic Behaviour: Game Theory, Experiments, and Bounded Rationality: Essays in Honour of Werner Güth, Steffen Huck, ed., 2004, 235-57.

Bolton, Duncan K. H. Fong and Paul L. Mosquin,  Bayes factors and ultimatum bargaining: Evaluating the strength of evidence for an experimenter observation effect, Experimental Economics, 2003, 6, 311-325.

Elsevier journal articles also available at: http://www.ScienceDirect.com

LEMA Overview

Video 1                 Gary Bolton
Video 2                Elena Katok
Video 3                Anthony Kwasnica

Gary E. Bolton