Fischer, Sven; Güth, Werner; Pull, Kerstin - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2003
To commit credibly in bargaining is crucial: In the ultimatum game with its one-sided early commitment power the “proposer” gets (nearly) the whole pie while the “responder” is left with (almost) nothing. When both parties commit simultaneously the (a)symmetric Nash(1950)-bargaining...