English, Article, Journal or magazine article edition: Revealing Preferences for Fairness in Ultimatum Bargaining James Andreoni; Marco Castillo; Ragan Petrie

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/195133
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Revealing Preferences for Fairness in Ultimatum Bargaining
Author
  • James Andreoni
  • Marco Castillo
  • Ragan Petrie
Physical Description
  • preprint
Notes
  • RePEc:cla:levrem:122247000000000807
  • The ultimatum game has been the primary tool for studying bargaining behavior in recent years. However, not enough information is gathered in the ultimatum game to get a clear picture of respondersâ?? utility functions. We analyze a convex ultimatum game in which respondersâ?? can â??shrinkâ?� an offer as well as to accept or reject it. This allows us to observe enough about respondersâ?? preferences to estimate utility functions. We then successfully use data collected from convex ultimatum games to predict behavior in standard games. Our analysis reveals that rejections can be â??rationalizedâ?� with neo-classical preferences over own- and other-payoff that are convex, nonmonotonic, and regular. These findings present a precise benchmark for models of fairness and bargaining.
  • RePEc:exc:wpaper:2006-21
  • RePEc:cla:najeco:666156000000000644
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment