Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/61710 
Year of Publication: 
1999
Series/Report no.: 
SFB 373 Discussion Paper No. 1999,73
Publisher: 
Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes, Berlin
Abstract: 
In equal punishment games first the proposer suggests how to split the pie, i.e. a positive monetary reward. Unlike in the ultimatum game, the responder can decide among many (for proposer and responder) equal penalty payments. To exclude negative payoffs, punishment was bounded from above depending on the proposal and the (for proposer and responder) same show up-fee, our only treatment variable. Although inequality aversion (Bolton and Oekenfels, 1999, and Fehr and Schmidt, 1999) predicts zero-punishments, we observe positive punishments which, however, became smaller in the repetition. Initial fairness is often substituted in the repetition by extreme greed. Whereas greed is sticky, fairness is more characteristic for initial inclinations and not a stable behavioral pattern.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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