This paper reports two experiments involving an ultimatum game, conducted in Japan. There were two treatments in our experiments. One was called a cash session and the other was called a point session. The cash session means introducing cash into the ultimatum game. In other words, in a cash...

This paper reports two experiments involving an ultimatum game, conducted in Japan. There were two treatments in each experiment, which we call the cash session and the point session. The cash session involves introducing cash into the procedure of the experiments. In other words, in a cash...