Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/62678 
Year of Publication: 
2001
Series/Report no.: 
SFB 373 Discussion Paper No. 2001,9
Publisher: 
Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes, Berlin
Abstract: 
The game theoretic prediction for alternating offer bargaining depends crucially on how 'the pie' changes over time, and whether the proposer in a given round has ultimatum power. We study experimentally eight such bargaining games. Each game is once repeated before moving on to the next one what defines a cycle of altogether 16 successive plays. Participants play three such cycles. There are no major experience effects but strong and reliable effects of anticipated rule changes. The latter, however, are not due to strategic considerations but rather to the social norms of fairness and efficiency.
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

Files in This Item:
File
Size
278.46 kB





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