Auctioning the Right to Play Ultimatum Games and the Impact on Equilibrium Selection

We auction scarce rights to play the Proposer and Responder positions in ultimatum games. As a control treatment, we randomly allocate these rights and charge exogenous participation fees. These participation fee sequences match the auction price sequence from a session of the original treatment. Wi...

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Bibliographic Details
Main Authors: Jason Shachat, J. Todd Swarthout
Format: Article
Language:English
Published: MDPI AG 2013-11-01
Series:Games
Subjects:
Online Access:http://www.mdpi.com/2073-4336/4/4/738