Browsing by Subject "Ultimatum game"
Now showing items 1-2 of 2
-
(Springer, 2017)A two-period ultimatum bargaining game is developed in which parties experience an envy-type externality coming from the surplus captured by their counterparts. Our assumptions on envy levels and outside opportunities allow ...
-
(Academic Economic Studies, 2015)This paper examines the equilibrium properties of an ultimatum game model with externalities. Unlike the equilibrium of the traditional version of this game and even recent extensions of it in a similar direction as ours, ...