Nicklisch, Andreas; Wolff, Irenaeus - Thurgauer Wirtschaftsinstitut <Kreuzlingen> - 2011
We experimentally show that current models of reciprocity are in-complete in a systematic way using a new variant of the ultimatumgame that provides second-movers with a marginal-cost-free punish-ment option. For a substantial proportion of the population, the de-gree of first-mover unkindness...