Fairness in the Mail and Opportunism in the Internet: A Newspaper Experiment on Ultimatum Bargaining
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Werner Güth
Abstract
On 11 May 2001, readers of the Berliner Zeitung were invited to participate in an ultimatum bargaining experiment played in the strategy vector mode: each participant chooses not only how much (s)he demands of the DM1,000 pie but also which of the nine possible offers of DM100, 200,y, 900 (s)he would accept or reject. In addition, participants were asked to predict the most frequent type of behavior. Three randomly selected proposer-responder pairs were rewarded according to the rules of ultimatum bargaining and three randomly chosen participants of those who predicted the most frequent type of behavior received a prize of DM500. Decisions could be submitted by mail, fax or via the internet. Behavior is described, statistically analyzed and compared to the usual laboratory ultimatum bargaining results.
© 2019 by Walter de Gruyter Berlin/Boston
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- Can Insider Power Affect Employment?
- Pension Reform, Capital Markets and the Rate of Return
- Supply-Side Economics of Germany’s Year 2000 Tax Reform: A Quantitative Assessment
- The Income Splitting Method: Is it Good for Both Marriage Partners?
- The Effect of Communication Media on Cooperation
- Fairness in the Mail and Opportunism in the Internet: A Newspaper Experiment on Ultimatum Bargaining
Articles in the same Issue
- Can Insider Power Affect Employment?
- Pension Reform, Capital Markets and the Rate of Return
- Supply-Side Economics of Germany’s Year 2000 Tax Reform: A Quantitative Assessment
- The Income Splitting Method: Is it Good for Both Marriage Partners?
- The Effect of Communication Media on Cooperation
- Fairness in the Mail and Opportunism in the Internet: A Newspaper Experiment on Ultimatum Bargaining
