Fischer, Sven; Güth, Werner; Köhler, Christoph - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007
We experimentally test how acceptance thresholds react to the decisionof the proposer in a three party ultimatum game to exclude oneof two responders with veto power from the game. We elicit responderacceptance thresholds in case the proposer decides to exclude one ofthem, what increases the...