Miękisz, Jacek; Ramsza, Michał - In: Dynamic Games and Applications 3 (2013) 3, pp. 374-386
We propose a dynamic three-strategy symmetric model of the Ultimatum Game with players using a sampling procedure. We allow an intermediate strategy, interpreted as a social norm, to evolve in time according to beliefs of players about an average offer. We show that a social norm converges to a...