Ultimatum bargaining behavior in Israel, Japan, Slovenia, and the United States: A social utility analysis
成果类型：
Article
署名作者：
Costa-Gomes, M; Zauner, KG
署名单位：
University of York - UK; Harvard University; University of Vienna
刊物名称：
GAMES AND ECONOMIC BEHAVIOR
ISSN/ISSBN：
0899-8256
DOI：
10.1006/game.2000.0805
发表日期：
2001
页码：
238-269
关键词：
摘要：
We explain the main Features of the results of the four-country ultimatum bargaining experiments of Roth et al. (1991), Amer. Econom. Rev. 81, 1068-1095) by a social utility model. The specification of social utility of a player has two parts: a linear combination of the monetary payoffs of the proposer and the responder and payoff uncertainty. We find that, on average, responders have negative regard for proposers' earnings in all countries. Proposers have negative regard fur responders' monetary earnings in countries where responders have high negative regard for proposers' earnings (USA and Slovenia). In countries where responders have: low negative regard for proposers' earnings (Israel and Japan), proposers are expected payoff maximizers. Classification Numbers: A13, C19, C44, C72, C92, D63, D64. (C) 2001 Academic Press.
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