Falk, Armin; Fehr, Ernst; Fischbacher, Urs - In: Economic Inquiry 41 (2003) 1, pp. 20-26
This article shows that identical offers in an ultimatum game generate systematically different rejection rates depending on the other offers that are available to the proposer. This result casts doubt on the consequentialist practice in economics to define the utility of an action solely in...