Let me sleep on it: Delay reduces rejection rates in ultimatum games
AbstractDelaying acceptance decisions in the Ultimatum Game drastically increases acceptance of low offers. While in treatments without delay less than 20% of low offers are accepted, 60-80% are accepted as we delay the acceptance decision by around 10Â min.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 111 (2011)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/ecolet
Ultimatum Bargaining Experiments;
Other versions of this item:
- Grimm Veronika & Mengel Friederike, 2010. "Let me sleep on it: Delay reduces rejection rates in Ultimatum Games," Research Memoranda 017, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David Cooper & E. Dutcher, 2011. "The dynamics of responder behavior in ultimatum games: a meta-study," Experimental Economics, Springer, vol. 14(4), pages 519-546, November.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Let Me Sleep On It: Delay Reduces Rejection Rates
by Ariel Goldring in Free Market Mojo on 2010-05-14 13:07:57
- Werner Güth & Martin G. Kocher, 2013.
"More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature,"
Jena Economic Research Papers
2013-035, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- Werner Güth & Martin G. Kocher, 2013. "More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature," CESifo Working Paper Series 4380, CESifo Group Munich.
- Paolo Crosetto & Werner Güth & Luigi Mittone & Matteo Ploner, 2012. "Motives of Sanctioning: Equity and Emotions in a Public Good Experiment with Punishment," Jena Economic Research Papers 2012-046, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- Fabio Galeotti, 2013. "An Experiment on Waiting Time and Punishing Behavior," Economics Bulletin, AccessEcon, vol. 33(2), pages 1383-1389.
- Cappelletti, Dominique & Güth, Werner & Ploner, Matteo, 2011. "Being of two minds: Ultimatum offers under cognitive constraints," Journal of Economic Psychology, Elsevier, vol. 32(6), pages 940-950.
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