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Author:Carter, J.
McAloon, S.
Title:A test for comparative income effects in an ultimatum bargaining experiment
Journal:Journal of Economic Behavior and Organization
1996 : DEC, VOL. 31:3, p. 369-380
Index terms:COMPARATIVE RESEARCH
INCOMES
BARGAINING
Language:eng
Abstract:The authors test Bolton's comparative bargaining model by conducting an ultimatum experiment with two primary treatmenst distinguished only by their payoff rules. In the first treatment subjects play a series of basic ultimatum games. Because responders can increase comparative income by rejecting offers deemed too low, outcomes are expected to diverge from extreme divisions in direction of equality. In the second treatment subjects play a series of ultimatum tournaments.
SCIMA record nr: 159412
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