Güth, Werner Levati, M. Vittoria Montinari, Natalia Nardi, Chiara
Year of Publication:
Jena Economic Research Papers 2014-015
In the hybrid game, one proposer confronts two responders with veto power: one responder can condition his decisions on his own offer but the other cannot. We vary what the informed responder knows about the offers as well as the uninformed responder´s conflict payoff. Neither variation affects behavior: proposers always favor informed responders, who frequently accept minimal offers.