Konrad, Kai A.; Morath, Florian - Max-Planck-Institut für Steuerrecht und öffentliche … - 2014
This paper considers evolutionarily stable strategies (ESS) in a take-it-or-leave-it offer bargaining game with incomplete information. We find responders reject offers which yield a higher positive material payoff than their outside option. Proposers, in turn, make more attractive offers than...