Pull, Kerstin - In: Schmalenbach Business Review (sbr) 55 (2003) 2, pp. 161-171
In this paper, I argue that both ultimatum game outcomes and wages may be in¬fluenced by what the result of a bargain would have been: The players in the ultimatum game, just as the parties to the labor contract, seem to engage in what may be called an “implicit” or, in Selten' s words, an...