We auction scarce rights to play the Proposer and Responder positions in ultimatum games. As a control treatment, we … randomly allocate these rights and charge exogenous participation fees. These participation fee sequences match the auction … to a session-specific Nash equilibrium, and auction prices emerge supporting this equilibrium by the principle of forward …

strongly on the conflict situation. When the threat that a disagreement occurs is more credible, the strategic effect is …

conflict situation. When the threat that a disagreement occurs is more credible, the strategic effect is reduced since …