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Bargaining Outside the Lab – A Newspaper Experiment of a Three-Person Ultimatum Game

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Author Info
Werner Güth ()
Carsten Schmidt
Matthias Sutter

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Abstract

In a large scale newspaper experiment 5,132 readers of the German weekly, Die Zeit, participated in a three-person bargaining game. In our data analysis we focus on (1) the influence of age, gender, profession and the medium chosen for participation on bargaining behavior and on (2) the external validity of student behavior (inside and outside the lab). We find that older participants and women care more about equal distributions and that Internet users are more self-regarding than those using mail or fax. Decisions made by students in the lab are rather similar to those made by students in the newspaper experiment. Furthermore, student behavior is not different from non-student behavior when the same age group is considered, indicating a high degree of external validity of student data.

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Paper provided by Max Planck Institute of Economics, Strategic Interaction Group in its series Discussion Papers on Strategic Interaction with number 2002-11.

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Length: 40 pages
Date of creation: Dec 2005
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Handle: RePEc:esi:discus:2002-11

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Related research
Keywords: ultimatum bargaining newspaper experiment Internet experiment

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Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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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.:
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Full references

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.)

  1. Antoni Bosch-Domenech et al., 2002. "One, Two, (Three), Infinity, . . . : Newspaper and Lab Beauty-Contest Experiments," American Economic Review, American Economic Association, vol. 92(5), pages 1687-1701, December. [Downloadable!] (restricted)
  2. Matthias Sutter, 2004. "Tournaments for the endogenous allocating of prizes within workteams - Theory and experimental evidence," Discussion Papers on Strategic Interaction 2004-10, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
  3. Susanne Büchner & Luis Gonzalez & Werner Güth & M. Vittoria Levati, . "Incentive Contracts versus Trust in Three-Person Ultimatum Games - An Experimental Study," Discussion Papers on Strategic Interaction 2002-20, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    Other versions:
  4. Gaudecker, H.M. von & Soest, A.H.O. van & Wengstrom, E., 2008. "Selection and Mode Effects in Risk Preference Elicitation Experiments," Discussion Paper 2008-11, Tilburg University, Center for Economic Research. [Downloadable!]
    Other versions:
  5. Gary E Bolton & Axel Ockenfels, 2007. "Does Laboratory Trading Mirror Behavior in Real World Markets? Fair Bargaining and Competitive Bidding on EBay," Working Paper Series in Economics 36, University of Cologne, Department of Economics. [Downloadable!]
    Other versions:
  6. Holm, Håkan & Nystedt, Paul, 2002. "Intra-Generational Trust - a Semi-Experimental Study of Trust Among Different Generations," Working Papers 2002:16, Lund University, Department of Economics.
  7. Wolfgang J. Luhan & Martin G. Kocher & Matthias Sutter, 2006. "Group Polarization in the Team Dictator Game reconsidered," Tinbergen Institute Discussion Papers 06-099/1, Tinbergen Institute. [Downloadable!]
    Other versions:
  8. Carsten Schmidt & Matthias Sutter & Werner Güth, 2005. "Bargaining Outside the Lab - A Newspaper Experiment of a Three-Person Ultimatum Game," Discussion Papers on Strategic Interaction 2006-04, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    Other versions:
  9. Werner Güth & René Levínský & Tobias Uske & Thomas Gehrig, 2006. "I want to know: Willingness to pay for unconditional veto power," Discussion Papers on Strategic Interaction 2006-21, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
  10. Sebastian J. Goerg & Werner Gueth & Gari Walkowitz & Torsten Weiland, 2007. "Interregional diversity of fairness concerns - An online ultimatum experiment," Jena Economic Research Papers 2007-016, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek. [Downloadable!]
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