Marlies Ahlert (Martin-Luther-University of Halle-Wittenberg, Department of Economics, Institute for Financial Science, Halle/Saale, Germany) Arwed Crüger (Martin-Luther-University of Halle-Wittenberg, Department of Economics, Institute for Financial Science, Halle/Saale, Germany) Werner Güth (Max Planck Institute for Research into Economic Systems, Strategic Interaction Unit, Jena, Germany)
Additional information is available for the following
registered author(s):
In equal punishment games like in ultimatum games first a proposer suggests how to split the pie, i.e. a positive monetary reward. Unlike in ultimatum games, the responder can decide among many (for proposer and responder) equal penalty payments. To exclude negative payoffs, punishment was bounded from above by the sum of the offer and the (for proposer and responder) same show up-fee, our only treatment variable. Although inequality aversion predicts zero-punishments, we observe positive punishments which however, decrease with experience, Initial fairness, 1/3 of initial offers were equal splits, is often substituted in the repetition by greed. Whereas greed is sticky, fairness seems to be an initial inclination but unstable.
Download Info
To our knowledge, this item is not available for
download. To find whether it is available, there are three
options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page
whether it is in fact available.
3. Perform a search for a similarly titled item that would be
available.
Publisher Info
Article provided by Institute of SocioEconomics in its journal Homo Oeconomicus.
For technical questions regarding this item, or to correct its listing, contact: (Matthew Braham) The email address of this maintainer does not seem to be valid anymore. Please ask Matthew Braham to update the entry or send us the correct address..
Related research
Keywords:
Cited by: (explanations, 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.)