Güth, Werner; Levati, M. Vittoria; Ockenfels, Axel; … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2005
We study an ultimatum experiment in which the responder does not know the offer when accepting or rejecting. Unconditional veto power leads to acceptances, although proposers are significantly greedier than in standard ultimatum games, and this is anticipated by responders.