Driesen, Bram; Perea, Andrés; Peters, Hans - In: Mathematical Social Sciences 64 (2012) 2, pp. 103-118
The Rubinstein alternating offers bargaining game is reconsidered under the assumption that each player is loss averse and the associated reference point is equal to the highest turned down offer of the opponent in the past. This makes the payoffs and therefore potential equilibrium strategies...