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Title:Fairness in the mail and opportunism in the internet: A newspaper experiment on ultimatum bargaining PDF Logo
Authors:Güth, Werner
Schmidt, Carsten
Sutter, Matthias
Issue Date:2001
Series/Report no.:Discussion Papers, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes 2001,42
Abstract:On May 11, 2001, readers of the Berliner Zeitung were invited to participate in an ultimatum bargaining experiment played in the strategy vector-mode: Each participant chooses not only how much (s)he demands of the DM 1.000-pie but also which of the nine possible offers of DM 100, 200, ..., 900 (s)he would accept or reject. In addition, participants were asked to predict the most frequent type of behavior. Three randomly selected proposerresponder pairs were rewarded according to the rules of ultimatum bargaining and three randomly chosen participants of those who predicted the most frequent type of behavior received a prize of DM 500. Decisions could be submitted by mail, fax, or via the internet. Behavior is described, statistically analyzed, and compared to usual laboratory ultimatum bargaining results.
Subjects:fairness
ultimatum bargaining
newspaper (or internet) experiment
distribution conflicts
JEL:C93
Persistent Identifier of the first edition:urn:nbn:de:kobv:11-10049866
Document Type:Working Paper
Appears in Collections:Discussion Papers, SFB 373, HU Berlin

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