Espín, Antonio M.; Exadaktylos, Filippos; Herrmann, … - Economic Science Institute (ESI), Argyros School of … - 2013
The ultimatum game (UG) is widely used to study human bargaining behavior and fairness norms. In this game, two players have to agree on how to split a sum of money. The proposer makes an offer, which the responder can accept or reject. If the responder rejects, neither player gets anything. The...