I believe everyone has experienced something like the following once in her or his life :

  • There is a cake on the table and three people to share it.
  • The three people each eat a quarter of the cake.
  • They wait.
  • After some time, brave miss 1 eats another eighth.
  • After some more time, bold mister 2 cuts another 16th and eats it.
  • Then miss 3 cuts another 32th and eats it.
  • etc.

Is this kind of behavior where people do not want to grab the last part of the pie (i.e., social endowment) documented in experimental economics?

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    $\begingroup$ You might find this related question over on cogsci interesting. cogsci.stackexchange.com/q/8182 $\endgroup$ – CommonerG Jul 19 '16 at 23:32
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    $\begingroup$ I can't find any direct evidence of the behavior you are asking about in experimental economics. However, one place to look for related behavior is in common-pool resource games. Is there evidence that players avoid being the one to completely exhaust a resource even though they were happy to deplete it? $\endgroup$ – CommonerG Jul 19 '16 at 23:34

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