Cooper, David; Feltovich, Nick; Roth, Alvin; Zwick, Rami - In: Experimental Economics 6 (2003) 2, pp. 181-207
Learning models predict that the relative speed at which players in a game adjust their behavior has a critical influence on long term behavior. In an ultimatum game, the prediction is that proposers learn not to make small offers faster than responders learn not to reject them. We...