Abbink, Klaus; Bolton, Gary; Sadrieh, Abdolkarim; Tang, … - University of Bonn, Germany - 1996
Adaptive learning and punishment are highly prominent competing explanations for ultimatum game behavior. We report on … an experiment that considers each theory in stand-alone form, so that one does not rely on the other in any substantial … way. Our data exhibits patterns for which punishment can account but learning by itself cannot. Initial play varies …