Stahl, Dale O.; Haruvy, Ernan - In: Games and Economic Behavior 63 (2008) 1, pp. 292-307
In typical experiments on ultimatum bargaining, the game is described verbally and the majority of subjects deviate from subgame-perfect behavior. Proposers typically offer significantly more than the minimum possible and Responders reject "unfair" offers. In this work, we show that when the...