Andersen, Steffen; Ertac, Seda; Gneezy, Uri; Hoffman, Moshe - In: American Economic Review 101 (2011) 7, pp. 3427-39
One of the most robust findings in experimental economics is that individuals in one-shot ultimatum games reject unfair offers. Puzzlingly, rejections have been found robust to substantial increases in stakes. By using a novel experimental design that elicits frequent low offers and uses much...