Journal
ECONOMICS LETTERS
Volume 111, Issue 2, Pages 113-115Publisher
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2011.01.025
Keywords
Ultimatum Bargaining; Experiments
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Delaying acceptance decisions in the Ultimatum Game drastically increases acceptance of low offers. While in treatments without delay less than 20% of low offers are accepted, 60-80% are accepted as we delay the acceptance decision by around 10 min. (C) 2011 Elsevier B.V. All rights reserved.
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