Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/62678
Authors: 
Anderhub, Vital
Güth, Werner
Marchand, Nadège
Year of Publication: 
2001
Series/Report no.: 
Discussion Papers, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes 2001,9
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

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