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The Effect of Stakes in Distribution Experiments

Author

Listed:
  • Jeffrey Carpenter
  • Eric Verhoogen
  • Stephen Burks

Abstract

We replicate previous results showing that stakes do not affect offers in the Ultimatum Game and show that stakes also have no effect on allocations in the Dictator Game. Both results are robust to the inclusion of demographic factors.

Suggested Citation

  • Jeffrey Carpenter & Eric Verhoogen & Stephen Burks, 2003. "The Effect of Stakes in Distribution Experiments," Middlebury College Working Paper Series 03-28, Middlebury College, Department of Economics.
    • Handle: RePEc:mdl:mdlpap:03-28
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    File URL: http://www.middlebury.edu/services/econ/repec/mdl/ancoec/0328.pdf
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    References listed on IDEAS

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    1. Hoffman Elizabeth & McCabe Kevin & Shachat Keith & Smith Vernon, 1994. "Preferences, Property Rights, and Anonymity in Bargaining Games," Games and Economic Behavior, Elsevier, vol. 7(3), pages 346-380, November.
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    7. Meyer, Heinz-Dieter, 1992. "Norms and self-interest in ultimatum bargaining: The prince's prudence," Journal of Economic Psychology, Elsevier, vol. 13(2), pages 215-232, June.
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    9. List, John A. & Rasul, Imran, 2011. "Field Experiments in Labor Economics," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 2, pages 103-228, Elsevier.
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    More about this item

    Keywords

    ultimatum game; dictator game; stakes; fairness; altruism;
    All these keywords.

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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