Question
Consider a mini-ultimatum game, where two players divide 10. The proposer is allowed to propose either 7 to proposer, 3 to responder 10 to proposer,
Consider a mini-ultimatum game, where two players divide 10. The proposer is allowed to propose either
7 to proposer, 3 to responder
10 to proposer, 0 to responder
If the proposer proposes the (7, 3) split and the responder accepts, how do you explain the results?
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Managerial Economics And Strategy
Authors: Jeffrey M. Perloff, James A. Brander
3rd Edition
0134899709, 978-0134899701
