Cover Image

Let me sleep on it: Delay reduces rejection rates in ultimatum games

Delaying 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 10 min.
Year of publication:
2011
Authors: Grimm, Veronika ; Mengel, Friederike
Published in:
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 111.2011, 2, p. 113-115
Publisher: Elsevier
Subject: Ultimatum Bargaining Experiments
Type of publication: Article
Source:
Persistent link: https://www.econbiz.de/10009018773
Similar items by person