The Ultimatum game is simple and this facilitates its use in the study of predictions of game theory. Experimental evidence suggests that it doesnot predict individual behavior well unless individuals gain welfarefrom fairness in transactions or have expectations about some widergame. Our model...

The rapid widespread technological change and concomitant deregulation of network industries has engendered a burgeoning demand for connection between technologically similar as well as technologically dissimilar networks. The processes by which interconnection contracts are reached and the...