Schmitt, Pamela; Shupp, Robert; Swope, Kurtis; Mayer, Justin - In: Journal of Economic Behavior & Organization 66 (2008) 3-4, pp. 597-605
In a laboratory ultimatum bargaining experiment, responder behavior is more consistent with game-theoretic predictions when responders indicate a binding minimum acceptable offer (MAO) or when rejection penalizes a "hostage" third player. In general, female subjects indicated higher MAOs but had...