Bruttel, Lisa Verena; Güth, Werner; Nithammer, Juri; … - 2020 - This version: September 2, 2020
Stochastic uncertainty can cause difficult coordination problems that may hinder mutually beneficial cooperation. We … propose a mechanism of ex-post voluntary transfers designed to circumvent these coordination problems and ask whether it can … do so. To test this, we implement a controlled laboratory experiment based on a repeatedly played Ultimatum Game with a …