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To commit credibly in bargaining is crucial: In the ultimatum game with its one-sided early commitment power the “proposer” gets (nearly) the whole pie while the “responder” is left with (almost) nothing. When both parties commit simultaneously the (a)symmetric Nash(1950)-bargaining...
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To commit in bargaining is crucial: in the ultimatum game with its one-sided commitment power the 'proposer' (almost) receives the whole pie while the 'responder' is left with (almost) nothing. When bargaining parties commit simultaneously the symmetric <link rid="b8">Nash</link> (Econometrica, 1950, vol. 18, pp....
Persistent link: https://www.econbiz.de/10005203247
To commit credibly in bargaining is crucial: In the ultimatum game with its one–sided early commitment power the “proposer” gets (nearly) the whole pie while the“responder” is left with (almost) nothing. When both parties commit simultaneouslythe (a)symmetric Nash(1950)–bargaining...
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In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...
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