Qi, Tianxiao; Xu, Bin; Wu, Jinshan; Vriend, Nicolaas J. - 2021
Brenner and Vriend (2006) argued (experimentally and theoretically) that one should not expect proposers in ultimatum games to learn to converge to the subgame perfect Nash equilibrium offer, as finding the optimal offer is a hard learning problem for (boundedly-rational) proposers. In this...