EconStor >
Max Planck Institute for Research on Collective Goods, Bonn >
Preprints of the Max Planck Institute for Research on Collective Goods >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/26961
  
Title:Inequity aversion, reciprocity, and appropriateness in the ultimatum-revenge game PDF Logo
Authors:Nicklisch, Andreas
Issue Date:2008
Series/Report no.:Preprints of the Max Planck Institute for Research on Collective Goods 2008,24
Abstract:This article reports the results of a simple bargaining experiment on the ultimatum-revenge game. The game enables to differentiate between fairness that is stimulated by intentional based motives, distributional motives, and fairness considerations that mix both motives. The laboratory experiments indicate considerable heterogeneity of motives. A majority of subjects seem to combine both motives. However, the composition of the mix is subject to a transition, which can be formalized by the principle of appropriateness. In contrast to contemporary reciprocity models, this approach suggests that mildly unkind treatments are responded mildly unkindly, while strong unkindness leads to harsh reactions.
Subjects:distributional preferences
fairness
intentional based preferences
social welfare
ultimatum bargaining
JEL:D63
D64
Document Type:Working Paper
Appears in Collections:Preprints of the Max Planck Institute for Research on Collective Goods

Files in This Item:
File Description SizeFormat
572388799.PDF664.49 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/26961

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.