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This paper addresses the role of affect and emotions in shaping the behavior of responders in the ultimatum game. A huge amount of research shows that players do not behave in an economically rational way in the ultimatum game, and emotional mechanisms have been proposed as a possible...
Persistent link: https://www.econbiz.de/10009752872
We auction scarce rights to play the Proposer and Responder positions in ultimatum games. As a control treatment, we randomly allocate these rights and charge exogenous participation fees. These participation fee sequences match the auction price sequence from a session of the original...
Persistent link: https://www.econbiz.de/10010240820
an agreement that incorporates the (unrealized) costs of delay and conflict. A laboratory experiment has been used to …
Persistent link: https://www.econbiz.de/10009785364